B2Gold Corp. (TSE:BTO) Senior Officer William Lytle Sells 54,062 Shares of Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer William Lytle sold 54,062 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of C$3.85, for a total value of C$208,138.70.

B2Gold Price Performance

Shares of B2Gold stock opened at C$3.95 on Thursday. The company has a debt-to-equity ratio of 7.51, a quick ratio of 3.33 and a current ratio of 1.83. The stock’s fifty day moving average is C$3.69 and its 200 day moving average is C$3.93. The stock has a market cap of C$3.65 billion, a P/E ratio of -4.55, a P/E/G ratio of -0.27 and a beta of 1.23. B2Gold Corp. has a one year low of C$3.16 and a one year high of C$4.84.

B2Gold Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 20th will be paid a dividend of $0.02 per share. The ex-dividend date of this dividend is Friday, March 7th. This represents a $0.08 annualized dividend and a yield of 2.03%. B2Gold’s payout ratio is currently -25.32%.

Analyst Upgrades and Downgrades

BTO has been the subject of several research reports. TD Securities downgraded B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Bank of America cut B2Gold from a “buy” rating to an “underperform” rating in a research report on Tuesday, January 14th. BMO Capital Markets lowered their target price on B2Gold from C$8.50 to C$7.00 in a research note on Tuesday, January 14th. Finally, Cormark upgraded B2Gold from a “market perform” rating to a “buy” rating and boosted their target price for the stock from C$4.50 to C$6.25 in a research report on Friday, February 21st. One research analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, B2Gold has a consensus rating of “Hold” and an average price target of C$6.01.

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.