B2Gold Corp. (TSE:BTO) Director Clive Thomas Johnson Sells 103,949 Shares

B2Gold Corp. (TSE:BTO - Get Free Report) NYSE: BTG Director Clive Thomas Johnson sold 103,949 shares of B2Gold stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of C$4.17, for a total value of C$433,467.33.

Clive Thomas Johnson also recently made the following trade(s):

• On Monday, March 10th, Clive Thomas Johnson sold 86,496 shares of B2Gold stock. The shares were sold at an average price of C$3.85, for a total transaction of C$333,009.60.

B2Gold Trading Up 0.5 %

Shares of BTO traded up C$0.02 during mid-day trading on Tuesday, reaching C$3.78. The company had a trading volume of 3,710,718 shares, compared to its average volume of 3,813,278. B2Gold Corp. has a fifty-two week low of C$3.16 and a fifty-two week high of C$4.84. The firm has a fifty day simple moving average of C$3.96 and a 200-day simple moving average of C$3.99. The stock has a market cap of C$3.49 billion, a price-to-earnings ratio of -4.35, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23. The company has a current ratio of 1.83, a quick ratio of 3.33 and a debt-to-equity ratio of 7.51.

B2Gold Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 20th were paid a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 2.12%. The ex-dividend date of this dividend was Friday, March 7th. B2Gold's dividend payout ratio is currently -25.32%.

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Analysts Set New Price Targets

Several brokerages recently commented on BTO. Cormark cut shares of B2Gold from a "moderate buy" rating to a "hold" rating in a research note on Monday, March 31st. TD Securities downgraded B2Gold from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 4th. BMO Capital Markets cut their price target on B2Gold from C$7.00 to C$6.50 in a research note on Monday, March 31st. Finally, Bank of America cut shares of B2Gold from a "buy" rating to an "underperform" rating in a research note on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of C$5.94.

About B2Gold

B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.