B2Gold Corp. (TSE:BTO) Senior Officer Sells C$208,138.70 in Stock

B2Gold Corp. (TSE:BTO - Get Free Report) NYSE: BTG Senior Officer William Lytle sold 54,062 shares of the company's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of C$3.85, for a total transaction of C$208,138.70.

B2Gold Price Performance

BTO traded up C$0.07 on Friday, hitting C$4.26. 6,226,279 shares of the company were exchanged, compared to its average volume of 3,614,728. The company has a debt-to-equity ratio of 7.51, a quick ratio of 3.33 and a current ratio of 1.83. The business's fifty day moving average is C$3.71 and its 200 day moving average is C$3.93. 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 market capitalization of C$3.94 billion, a P/E ratio of -4.90, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23.

B2Gold Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 20th will be given a $0.02 dividend. The ex-dividend date of this dividend is Friday, March 7th. This represents a $0.08 annualized dividend and a dividend yield of 1.88%. B2Gold's dividend payout ratio is presently -25.32%.

Wall Street Analyst Weigh In

BTO has been the subject of a number of research reports. Bank of America cut shares of B2Gold from a "buy" rating to an "underperform" rating in a report on Tuesday, January 14th. TD Securities lowered shares of B2Gold from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. BMO Capital Markets dropped their price target on shares of B2Gold from C$8.50 to C$7.00 in a research note on Tuesday, January 14th. Finally, Cormark upgraded shares of B2Gold from a "market perform" rating to a "buy" rating and boosted their price target for the stock from C$4.50 to C$6.25 in a research note on Friday, February 21st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of C$6.01.

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B2Gold Company Profile

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.