Randall Chatwin Sells 5,000 Shares of B2Gold Corp. (TSE:BTO) Stock

Market Beat
2024.10.08 18:21

Randall Chatwin, a senior officer at B2Gold Corp. (TSE:BTO), sold 5,000 shares of the company's stock on October 4th at an average price of C$0.27, totaling C$13,350. This follows a previous sale of 10,000 shares at C$0.53 on September 16th. B2Gold's stock has recently seen a decline of 1.2%, trading at C$0.14. The company reported a negative EPS of C$0.08 for the last quarter, missing estimates, and has a dividend yield of 5.31%. Analysts have mixed ratings on the stock, with a consensus price target of C$0.92.

B2Gold Corp. (TSE:BTO - Get Free Report) NYSE: BTG Senior Officer Randall Chatwin sold 5,000 shares of the business's stock in a transaction on Friday, October 4th. The stock was sold at an average price of C$4.27, for a total transaction of C$21,350.00.

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

  • On Monday, September 16th, Randall Chatwin sold 10,000 shares of B2Gold stock. The shares were sold at an average price of C$4.53, for a total transaction of C$45,300.00.

B2Gold Stock Down 1.2 %

Shares of BTO stock traded down C$0.05 during mid-day trading on Tuesday, hitting C$4.14. 1,701,397 shares of the stock traded hands, compared to its average volume of 3,408,712. The stock has a market cap of C$5.42 billion, a P/E ratio of -26.19, a P/E/G ratio of -0.27 and a beta of 1.23. B2Gold Corp. has a 52-week low of C$3.18 and a 52-week high of C$4.74. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.93 and a quick ratio of 3.33. The stock's fifty day moving average is C$3.98 and its two-hundred day moving average is C$3.81.

B2Gold (TSE:BTO - Get Free Report) NYSE: BTG last released its earnings results on Thursday, August 8th. The company reported C$0.08 EPS for the quarter, missing analysts' consensus estimates of C$0.10 by C($0.02). The company had revenue of C$673.95 million during the quarter. B2Gold had a negative return on equity of 3.47% and a negative net margin of 7.23%. Equities analysts predict that B2Gold Corp. will post 0.5484293 EPS for the current year.

B2Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 23rd. Stockholders of record on Monday, September 23rd were paid a dividend of $0.055 per share. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 5.31%. B2Gold's payout ratio is -137.50%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on BTO shares. Canaccord Genuity Group dropped their price objective on shares of B2Gold from C$7.50 to C$7.00 and set a "buy" rating for the company in a research note on Tuesday, August 13th. CIBC set a C$3.30 price objective on shares of B2Gold and gave the stock an "outperform" rating in a research note on Wednesday, August 14th. Cormark increased their price target on B2Gold from C$4.25 to C$5.25 in a report on Monday, September 23rd. BMO Capital Markets decreased their target price on B2Gold from C$6.50 to C$6.00 and set an "outperform" rating for the company in a research report on Monday, September 16th. Finally, Scotiabank downgraded shares of B2Gold from an "outperform" rating to a "sector perform" rating in a research note on Friday, August 9th. Three analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, B2Gold presently has an average rating of "Moderate Buy" and a consensus price target of C$5.92.

Check Out Our Latest Analysis on B2Gold

About B2Gold

(Get Free Report)

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.

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