Clive Thomas Johnson Sells 99,465 Shares of B2Gold Corp. (TSE:BTO) Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Director Clive Thomas Johnson sold 99,465 shares of B2Gold stock in a transaction that occurred on Tuesday, April 8th. The shares were sold at an average price of C$3.79, for a total transaction of C$376,972.35.

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

• On Wednesday, April 2nd, Clive Thomas Johnson sold 103,949 shares of B2Gold stock. The stock was sold at an average price of C$4.17, for a total value of C$433,467.33.
• 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 value of C$333,009.60.

B2Gold Stock Performance

BTO stock opened at C$4.27 on Friday. B2Gold Corp. has a twelve month low of C$3.16 and a twelve month high of C$4.84. The company has a quick ratio of 3.33, a current ratio of 1.83 and a debt-to-equity ratio of 7.51. The company has a market cap of C$3.95 billion, a P/E ratio of -4.92, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23. The business’s fifty day moving average is C$4.01 and its 200-day moving average is C$3.98.

B2Gold Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 20th were paid a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 1.87%. The ex-dividend date of this dividend was Friday, March 7th. B2Gold’s payout ratio is -25.32%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. BMO Capital Markets lowered their target price on B2Gold from C$7.00 to C$6.50 in a research note on Monday, March 31st. Cormark cut shares of B2Gold from a “moderate buy” rating to a “hold” rating in a research report on Monday, March 31st. TD Securities downgraded shares of B2Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. 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 investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company 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.