B2Gold (TSE:BTO) Insider Randall Chatwin Sells 20,000 Shares

B2Gold Corp. (TSE:BTO) (NYSE:BTG) insider Randall Chatwin sold 20,000 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of C$7.25, for a total transaction of C$145,000.00. Following the completion of the transaction, the insider directly owned 6,199 shares of the company’s stock, valued at approximately C$44,942.75. The trade was a 76.34% decrease in their position.

B2Gold Trading Up 6.4%

Shares of TSE BTO opened at C$8.35 on Wednesday. B2Gold Corp. has a 1-year low of C$3.62 and a 1-year high of C$8.36. The company has a debt-to-equity ratio of 7.51, a current ratio of 1.83 and a quick ratio of 3.33. The business’s 50 day moving average is C$6.81 and its two-hundred day moving average is C$6.45. The stock has a market capitalization of C$11.16 billion, a P/E ratio of 55.67, a PEG ratio of -0.27 and a beta of 1.02.

B2Gold (TSE:BTO) (NYSE:BTG) last posted its quarterly earnings data on Wednesday, February 18th. The company reported C$0.15 earnings per share (EPS) for the quarter. The business had revenue of C$1.41 billion during the quarter. B2Gold had a negative return on equity of 20.27% and a negative net margin of 38.20%. As a group, research analysts expect that B2Gold Corp. will post 0.5596659 EPS for the current year.

B2Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 15th were paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Tuesday, December 2nd. B2Gold’s payout ratio is presently 66.67%.

Key Stories Impacting B2Gold

Here are the key news stories impacting B2Gold this week:

• Positive Sentiment: Analysts and media point to a profit rebound and management signaling stronger cash returns (dividend increase and buyback) that could materially improve valuation and investor appetite for B2Gold. Profit Rebound, Dividend Hike and Buyback Could Be A Game Changer For B2Gold (TSX:BTO)
• Positive Sentiment: Follow-up coverage highlights returning profitability and cash generation that support higher dividends/buybacks and suggest upside versus perceived valuation — a catalyst for investors seeking yield and cash-return stories. B2Gold Profitability Return Highlights Cash Returns And Perceived Valuation Upside
• Neutral Sentiment: B2Gold announced a leadership transition: founder/CEO Clive Johnson will retire in June and Mike Cinnamond has been named successor. The move is orderly (internal succession) but could create near-term uncertainty as investors assess the new CEO’s strategic priorities and execution risk. B2Gold Announces Leadership Transition
• Negative Sentiment: An insider, Randall Chatwin, sold 20,000 shares at C$7.25 on Feb. 20 and reduced his holding by ~76%, a sizable disposition that may be interpreted as a negative signal by some investors and could add selling pressure. (Insider filing details provided in recent filings.)

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. National Bank Financial raised their target price on shares of B2Gold from C$9.25 to C$10.00 and gave the stock an “outperform” rating in a report on Tuesday, December 9th. Cormark lowered shares of B2Gold from a “moderate buy” rating to a “hold” rating in a research report on Friday, November 7th. Finally, Stifel Nicolaus dropped their target price on B2Gold from C$11.50 to C$10.50 in a research report on Tuesday, November 11th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of C$8.31.

B2Gold Company Profile

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.