Kevin Bullock Sells 13,400 Shares of B2Gold (TSE:BTO) Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Director Kevin Bullock sold 13,400 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of C$7.14, for a total transaction of C$95,676.00. Following the sale, the director owned 42,100 shares of the company’s stock, valued at approximately C$300,594. This represents a 24.14% decrease in their ownership of the stock.

Kevin Bullock also recently made the following trade(s):

• On Friday, May 8th, Kevin Bullock sold 9,586 shares of B2Gold stock. The stock was sold at an average price of C$7.07, for a total transaction of C$67,773.02.

B2Gold Trading Up 1.2%

Shares of BTO stock traded up C$0.09 during mid-day trading on Monday, reaching C$7.34. The company’s stock had a trading volume of 4,149,514 shares, compared to its average volume of 7,122,894. The company’s 50 day simple moving average is C$6.66 and its 200-day simple moving average is C$6.59. B2Gold Corp. has a 12-month low of C$4.00 and a 12-month high of C$8.60. The company has a quick ratio of 3.33, a current ratio of 1.19 and a debt-to-equity ratio of 14.16. The firm has a market capitalization of C$9.81 billion, a PE ratio of 19.32, a price-to-earnings-growth ratio of -0.27 and a beta of 1.59.

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

B2Gold Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Thursday, March 19th were paid a $0.02 dividend. The ex-dividend date was Friday, March 6th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.1%. B2Gold’s dividend payout ratio (DPR) is 21.05%.

Analyst Ratings Changes

Separately, National Bank Financial reduced their price target on B2Gold from C$10.25 to C$10.00 and set an “outperform” rating on the stock in a research report on Friday, April 17th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$8.92.

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.