B2Gold Corp. (TSE:BTO) Senior Officer Sells C$20,500.00 in Stock
B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Hugh Mackinnon sold 5,000 shares of the business’s stock in a transaction that occurred 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 sale, the insider now owns 322,654 shares in the company, valued at approximately 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.
B2Gold stock opened at C$4.06 on Wednesday. The firm has a market cap of $4.13 billion and a price-to-earnings ratio of -580.00. The company has a current ratio of 2.04, a quick ratio of 0.88 and a debt-to-equity ratio of 28.33. The company has a 50 day moving average of C$3.86. B2Gold Corp. has a twelve month low of C$2.77 and a twelve month high of C$4.40.
A number of equities research analysts have recently issued reports on the stock. Royal Bank of Canada restated an “underperform” rating and set a GBX 215 ($2.81) price target on shares of in a report on Wednesday, June 26th. Raymond James restated a “hold” rating on shares of Snc-Lavalin Group in a report on Wednesday, July 3rd. Canaccord Genuity boosted their price target on shares of B2Gold from C$5.25 to C$5.75 in a report on Monday, June 3rd. Finally, National Bank Financial lowered shares of Detour Gold to a “hold” rating in a report on Friday, June 28th. Six equities research analysts have rated the stock with a buy rating, B2Gold 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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