B2Gold Corp. (BTO) Insider Sells C$286,500.00 in Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) insider Eduard Bartz sold 75,000 shares of the firm’s stock in a transaction on Friday, March 16th. The stock was sold at an average price of C$3.82, for a total value of C$286,500.00.

Shares of B2Gold stock opened at C$3.81 on Monday. The stock has a market capitalization of $3,770.00, a price-to-earnings ratio of 95.25 and a beta of 0.45. B2Gold Corp. has a 1-year low of C$2.96 and a 1-year high of C$4.23.

B2Gold (TSE:BTO) (NYSE:BTG) last released its earnings results on Wednesday, March 14th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$0.02 by C($0.01). The business had revenue of C$220.98 million during the quarter, compared to analysts’ expectations of C$275.31 million. B2Gold had a net margin of 8.04% and a return on equity of 3.05%.

Several research firms have recently weighed in on BTO. National Bank Financial raised their price objective on B2Gold from C$6.50 to C$7.00 in a research note on Friday, January 26th. Scotiabank reissued an “outperform” rating and set a C$5.00 price objective on shares of B2Gold in a research note on Tuesday, March 6th. Canaccord Genuity raised their price objective on B2Gold from C$6.00 to C$6.50 in a research note on Friday, January 19th. Eight Capital raised their price objective on B2Gold from C$4.50 to C$4.75 in a research note on Monday, November 27th. Finally, BMO Capital Markets reissued an “outperform” rating and set a C$5.00 price objective on shares of B2Gold in a research note on Tuesday, December 5th. Seven research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average target price of C$5.47.

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About B2Gold

B2Gold Corp. (B2Gold) is a Canada-based gold producer with approximately four operating mines and one mine under construction. The Company has a portfolio of other evaluation and exploration projects in various countries, including Mali, Colombia, Burkina Faso, Finland, Chile and Nicaragua. Its material mineral properties consist of three mines and one mine under construction: Otjikoto mine, an open pit gold mine located approximately 300 kilometers north of Windhoek, the capital of Namibia (Otjikoto Mine); Masbate mine, an open pit gold mine, located near the northern tip of the island of Masbate, over 360 kilometers south-east of Manila (Masbate Gold Project); La Libertad mine, an open pit gold mine located over 110 kilometers due east of Managua and 32 kilometers northeast of Juigalpa, Nicaragua (La Libertad Mine), and Fekola gold project, an open pit gold mine under construction located approximately 40 kilometers south of the city of Kenieba, Mali (Fekola Project).

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