B2Gold Corp. (TSE:BTO) Senior Officer Randall Chatwin Sells 30,150 Shares

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Randall Chatwin sold 30,150 shares of the company’s stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of C$4.17, for a total transaction of C$125,725.50.

B2Gold Trading Down 8.3 %

Shares of BTO opened at C$3.78 on Friday. B2Gold Corp. has a fifty-two week low of C$3.16 and a fifty-two week high of C$4.84. The business has a 50-day moving average of C$3.95 and a 200 day moving average of C$4.00. The firm has a market cap of C$3.49 billion, a P/E ratio of -4.35, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23. The company has a debt-to-equity ratio of 7.51, a quick ratio of 3.33 and a current ratio of 1.83.

B2Gold Cuts Dividend

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

Analysts Set New Price Targets

BTO has been the topic of several analyst reports. BMO Capital Markets cut their price target on shares of B2Gold from C$7.00 to C$6.50 in a report on Monday, March 31st. TD Securities downgraded B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Cormark cut B2Gold from a “moderate buy” rating to a “hold” rating in a research report on Monday, March 31st. Finally, Bank of America lowered B2Gold from a “buy” rating to an “underperform” rating in a research report on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, B2Gold has an average rating of “Hold” and a consensus 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.