B2Gold Corp. (TSE:BTO) Director Robert Gayton Sells 60,000 Shares

B2Gold Corp. (TSE:BTO) Director Robert Gayton Sells 60,000 Shares

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Director Robert Gayton sold 60,000 shares of the business’s stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of C$5.25, for a total transaction of C$315,000.00. Following the sale, the director now directly owns 220,000 shares in the company, valued at C$1,155,000.

Robert Gayton also recently made the following trade(s):

  • On Friday, December 6th, Robert Gayton sold 9,000 shares of B2Gold stock. The shares were sold at an average price of C$4.82, for a total transaction of C$43,380.00.

B2Gold stock opened at C$5.19 on Wednesday. The stock has a market cap of $5.24 billion and a P/E ratio of 92.68. The company has a quick ratio of 0.75, a current ratio of 2.40 and a debt-to-equity ratio of 19.63. B2Gold Corp. has a twelve month low of C$3.24 and a twelve month high of C$5.36. The company’s 50-day moving average price is C$4.96 and its two-hundred day moving average price is C$4.58.

B2Gold (TSE:BTO) (NYSE:BTG) last announced its earnings results on Tuesday, November 5th. The company reported C$0.12 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C$0.09 by C$0.03. The business had revenue of C$410.30 million for the quarter. Equities analysts anticipate that B2Gold Corp. will post 0.36 earnings per share for the current fiscal year.

A number of equities research analysts have recently issued reports on the stock. Raymond James reaffirmed an “outperform” rating and issued a C$6.25 target price on shares of B2Gold in a report on Friday, November 8th. National Bank Financial upped their target price on shares of B2Gold from C$7.50 to C$8.00 in a report on Monday, November 18th. Finally, TD Securities raised shares of B2Gold from a “buy” rating to an “action list buy” rating and upped their target price for the company from C$7.50 to C$8.00 in a report on Friday, January 10th. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of C$6.44.

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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