B2Gold (TSE:BTO) Insider Peter Dominic Montano Sells 2,528 Shares of Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) insider Peter Dominic Montano sold 2,528 shares of the business’s stock in a transaction on Friday, July 3rd. The shares were sold at an average price of C$5.88, for a total transaction of C$14,864.64. Following the completion of the transaction, the insider directly owned 6,629 shares in the company, valued at C$38,978.52. This represents a 27.61% decrease in their ownership of the stock.

Peter Dominic Montano also recently made the following trade(s):

• On Thursday, July 2nd, Peter Dominic Montano sold 61 shares of B2Gold stock. The stock was sold at an average price of C$5.73, for a total transaction of C$349.53.
• On Wednesday, June 17th, Peter Dominic Montano sold 61,254 shares of B2Gold stock. The shares were sold at an average price of C$6.51, for a total transaction of C$398,763.54.

B2Gold Stock Performance

Shares of B2Gold stock traded down C$0.06 on Tuesday, reaching C$5.70. 295,384 shares of the stock were exchanged, compared to its average volume of 6,504,225. B2Gold Corp. has a 1-year low of C$4.56 and a 1-year high of C$8.60. The company has a current ratio of 1.19, a quick ratio of 3.33 and a debt-to-equity ratio of 14.16. The business has a fifty day moving average price of C$6.21 and a two-hundred day moving average price of C$6.58. The firm has a market capitalization of C$7.59 billion, a PE ratio of 15.00, a PEG ratio of -0.27 and a beta of 1.73.

B2Gold (TSE:BTO) (NYSE:BTG) last announced its quarterly earnings data on Wednesday, May 6th. The company reported C$0.26 EPS 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. As a group, research analysts anticipate that B2Gold Corp. will post 0.5596659 earnings per share for the current fiscal year.

B2Gold Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Tuesday, June 23rd were issued a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Wednesday, June 10th. B2Gold’s dividend payout ratio (DPR) is currently 21.05%.

More B2Gold News

Here are the key news stories impacting B2Gold this week:

• Neutral Sentiment: Several B2Gold insiders, including directors and executives, sold shares over July 2-3 at prices between C$5.73 and C$5.88. The sales were relatively small individually, but the number of transactions may signal some profit-taking or reduced near-term insider conviction. B2Gold’s new CEO gets his Goose test
• Neutral Sentiment: The Northern Miner article on B2Gold’s new CEO and the “Goose test” points to investor focus on execution at a major project, which could be a near-term catalyst if operations and guidance improve. B2Gold’s new CEO gets his Goose test
• Negative Sentiment: The heavier wave of insider selling, including larger dispositions by Randall Chatwin, William Lytle, and others, may be weighing on sentiment because investors often view clustered insider sales as a cautious signal, even if the shares sold are modest relative to total holdings. B2Gold’s new CEO gets his Goose test

Analyst Upgrades and Downgrades

Separately, National Bank Financial increased their price objective on B2Gold from C$10.00 to C$10.70 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, B2Gold presently has an average rating of “Moderate Buy” and a consensus price target of C$9.15.

About B2Gold

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.