B2Gold (TSE:BTO) Insider Sells C$24,278.52 in Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) insider John Alex Rajala sold 4,129 shares of the company’s stock in a transaction that occurred on Friday, July 3rd. The stock was sold at an average price of C$5.88, for a total value of C$24,278.52. Following the transaction, the insider directly owned 317,276 shares in the company, valued at approximately C$1,865,582.88. This trade represents a 1.28% decrease in their ownership of the stock.

John Alex Rajala also recently made the following trade(s):

• On Thursday, July 2nd, John Alex Rajala sold 152 shares of B2Gold stock. The shares were sold at an average price of C$5.73, for a total transaction of C$870.96.

B2Gold Stock Down 3.5%

Shares of BTO traded down C$0.21 on Monday, reaching C$5.74. The company’s stock had a trading volume of 2,300,238 shares, compared to its average volume of 6,545,712. The company has a current ratio of 1.19, a quick ratio of 3.33 and a debt-to-equity ratio of 14.16. B2Gold Corp. has a twelve month low of C$4.56 and a twelve month high of C$8.60. The stock has a market capitalization of C$7.65 billion, a PE ratio of 15.11, a PEG ratio of -0.27 and a beta of 1.73. The firm has a fifty day moving average of C$6.23 and a 200-day moving average of C$6.58.

B2Gold (TSE:BTO) (NYSE:BTG) last issued its quarterly earnings data on Wednesday, May 6th. The company reported C$0.26 EPS for the quarter. B2Gold had a return on equity of 15.70% and a net margin of 14.78%.The firm had revenue of C$1.61 billion during the quarter. Equities analysts predict that B2Gold Corp. will post 0.5596659 EPS for the current year.

B2Gold Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Tuesday, June 23rd were given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Wednesday, June 10th. B2Gold’s dividend payout ratio (DPR) is presently 21.05%.

Wall Street Analysts Forecast Growth

Separately, National Bank Financial lifted their price objective on B2Gold from C$10.00 to C$10.70 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$9.15.

B2Gold Company Profile

B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other significant assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. There is no dependence on a particular purchaser because the gold is sold into a global market.