Hugh Mackinnon Sells 5,000 Shares of B2Gold Corp. (TSE:BTO) Stock
B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Hugh Mackinnon sold 5,000 shares of the business’s stock in a transaction dated Thursday, July 11th. The stock was sold at an average price of C$4.10, for a total transaction of C$20,500.00. Following the completion of the transaction, 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 stock was sold at an average price of C$4.03, for a total transaction of C$60,450.00.
BTO stock opened at C$4.10 on Tuesday. The company has a quick ratio of 0.88, a current ratio of 2.04 and a debt-to-equity ratio of 28.33. The stock has a market cap of $4.10 billion and a price-to-earnings ratio of -585.71. B2Gold Corp. has a twelve month low of C$2.77 and a twelve month high of C$4.40. The firm’s 50-day moving average is C$3.84.
Several equities analysts have commented on BTO shares. Raymond James reiterated a “hold” rating on shares of Snc-Lavalin Group in a report on Wednesday, July 3rd. National Bank Financial downgraded shares of Detour Gold to a “hold” rating in a research note on Friday, June 28th. Royal Bank of Canada reiterated an “underperform” rating and set a GBX 215 ($2.81) price objective on shares of in a research note on Wednesday, June 26th. Finally, Canaccord Genuity increased their target price on shares of B2Gold from C$5.25 to C$5.75 in a report on Monday, June 3rd. Six analysts have rated the stock with a buy rating, B2Gold presently has a consensus rating of “Buy” and a consensus price target of C$5.43.
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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