B2Gold Corp. (TSE:BTO) (NYSE:BTG) Director Clive Thomas Johnson sold 91,252 shares of the business’s stock in a transaction dated Friday, August 9th. The stock was sold at an average price of C$4.85, for a total transaction of C$442,572.20. Following the transaction, the director now owns 4,871,795 shares in the company, valued at approximately C$23,628,205.75.
TSE BTO opened at C$4.93 on Friday. The stock has a market cap of $4.90 billion and a P/E ratio of 448.18. The company’s 50-day simple moving average is C$4.30 and its 200 day simple moving average is C$3.93. B2Gold Corp. has a twelve month low of C$2.77 and a twelve month high of C$5.36. The company has a quick ratio of 0.62, a current ratio of 2.17 and a debt-to-equity ratio of 25.39.
Several research analysts have recently issued reports on BTO shares. Pi Financial boosted their price objective on shares of B2Gold from C$5.10 to C$5.50 in a report on Wednesday, July 24th. Royal Bank of Canada boosted their price objective on shares of B2Gold from C$4.25 to C$4.75 in a report on Wednesday, June 26th. National Bank Financial boosted their price objective on shares of B2Gold from C$6.75 to C$7.00 and gave the stock an “outperform” rating in a report on Friday, June 28th. Raymond James restated an “outperform” rating and set a C$4.50 price objective on shares of B2Gold in a report on Wednesday, July 3rd. Finally, BMO Capital Markets boosted their price objective on shares of B2Gold from C$5.50 to C$6.00 in a report on Thursday, August 8th. Six investment analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and a consensus target price of C$5.83.
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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