B2Gold Corp. (TSE:BTO) Senior Officer Purchases C$35,637.03 in Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Randall Chatwin purchased 10,153 shares of B2Gold stock in a transaction that occurred on Thursday, December 19th. The shares were purchased at an average cost of C$3.51 per share, with a total value of C$35,637.03.

Randall Chatwin also recently made the following trade(s):

• On Thursday, November 14th, Randall Chatwin sold 6,095 shares of B2Gold stock. The stock was sold at an average price of C$3.74, for a total value of C$22,795.30.
• On Friday, October 4th, Randall Chatwin sold 5,000 shares of B2Gold stock. The shares were sold at an average price of C$4.27, for a total value of C$21,350.00.

B2Gold Stock Performance

TSE:BTO opened at C$3.58 on Friday. The stock has a 50-day simple moving average of C$4.09 and a two-hundred day simple moving average of C$3.98. The company has a debt-to-equity ratio of 1.05, a quick ratio of 3.33 and a current ratio of 2.93. B2Gold Corp. has a 52-week low of C$3.18 and a 52-week high of C$4.84. The firm has a market capitalization of C$4.69 billion, a PE ratio of -21.06, a P/E/G ratio of -0.27 and a beta of 1.23.

B2Gold Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Thursday, December 12th were paid a dividend of $0.054 per share. The ex-dividend date was Monday, December 2nd. This represents a $0.22 dividend on an annualized basis and a dividend yield of 6.03%. B2Gold’s dividend payout ratio (DPR) is presently -129.41%.

Analysts Set New Price Targets

BTO has been the subject of a number of recent analyst reports. Cibc World Mkts lowered B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 24th. Cormark upped their price objective on B2Gold from C$4.25 to C$5.25 in a research report on Monday, September 23rd. BMO Capital Markets lowered their target price on B2Gold from C$6.50 to C$6.00 and set an “outperform” rating on the stock in a report on Monday, September 16th. Finally, Stifel Nicolaus boosted their price target on B2Gold from C$6.00 to C$6.50 in a research note on Monday, October 21st. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, B2Gold has a consensus rating of “Moderate Buy” and an average target price of C$5.66.

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.