Insider Selling: B2Gold Corp. (TSE:BTO) Senior Officer Sells 5,000 Shares of Stock

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B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Hugh Mackinnon sold 5,000 shares of the stock in a transaction on Thursday, July 11th. The shares were sold at an average price of C$4.10, for a total transaction of C$20,500.00. Following the completion of the sale, the insider now directly owns 322,654 shares of the company’s stock, valued at C$1,322,881.40.

Hugh Mackinnon also recently made the following trade(s):

  • On Tuesday, July 9th, Hugh Mackinnon sold 15,000 shares of B2Gold stock. The shares were sold at an average price of C$4.03, for a total transaction of C$60,450.00.

Shares of B2Gold stock opened at C$4.06 on Wednesday. The company has a current ratio of 2.04, a quick ratio of 0.88 and a debt-to-equity ratio of 28.33. B2Gold Corp. has a fifty-two week low of C$2.77 and a fifty-two week high of C$4.40. The firm has a fifty day moving average of C$3.86. The company has a market cap of $4.13 billion and a P/E ratio of -580.00.

B2Gold (TSE:BTO) (NYSE:BTG) last issued its quarterly earnings results on Tuesday, May 7th. The company reported C$0.05 earnings per share for the quarter, meeting analysts’ consensus estimates of C$0.05. The company had revenue of C$401.08 million during the quarter, compared to the consensus estimate of C$404.25 million. As a group, analysts forecast that B2Gold Corp. will post 0.24 earnings per share for the current year.

A number of analysts have weighed in on BTO shares. Raymond James reissued a “hold” rating on shares of Snc-Lavalin Group in a report on Wednesday, July 3rd. Royal Bank of Canada reissued an “underperform” rating and issued a GBX 215 ($2.81) price target on shares of in a report on Wednesday, June 26th. National Bank Financial downgraded shares of Detour Gold to a “hold” rating in a report on Friday, June 28th. Finally, Canaccord Genuity increased their price target on shares of B2Gold from C$5.25 to C$5.75 in a report on Monday, June 3rd. Six investment analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and a consensus price target of C$5.43.

B2Gold Company Profile

B2Gold Corp., together with its subsidiaries, engages in the exploration and development of mineral properties for gold deposits in Nicaragua, the Philippines, Mali, Colombia, Burkina Faso, and Namibia. The company primarily holds 80% interest in the Fekola mine, an open pit gold mine located in Mali; 90% interest in the Otjikoto gold mine located north of Windhoek, Namibia; the Masbate gold project located in the south-east of Manila, the Philippines; and 100% interest in the El Limon mine, an underground gold mine located in northwestern Nicaragua.

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Insider Buying and Selling by Quarter for B2Gold (TSE:BTO)

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