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

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Director Clive Thomas Johnson sold 103,949 shares of the business’s stock in a transaction on Wednesday, April 2nd. The stock was 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 stock was sold at an average price of C$3.85, for a total value of C$333,009.60.

B2Gold Stock Down 8.3 %

Shares of TSE:BTO opened at C$3.78 on Friday. The firm has a 50 day simple moving average of C$3.95 and a 200 day simple moving average of C$4.00. B2Gold Corp. has a 52 week low of C$3.16 and a 52 week high of C$4.84. 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 company has a market cap of C$3.49 billion, a PE ratio of -4.35, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23.

B2Gold Cuts Dividend

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

Analyst Ratings Changes

Several research firms have recently weighed in on BTO. BMO Capital Markets reduced their price objective on shares of B2Gold from C$7.00 to C$6.50 in a research report on Monday, March 31st. Cormark cut shares of B2Gold from a “moderate buy” rating to a “hold” rating in a report on Monday, March 31st. Bank of America lowered shares of B2Gold from a “buy” rating to an “underperform” rating in a research report on Tuesday, January 14th. Finally, TD Securities lowered B2Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock currently 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.