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

February 25, 2026 by InsiderTrades.com

Key Points

Insider sale: Randall Chatwin sold 20,000 B2Gold shares on Feb. 20 at C$7.25 (C$145,000), reducing his stake by ~76% to 6,199 shares, a sizable disposition that may be viewed negatively by some investors.
Recent results & dividend: B2Gold reported Q results with EPS C$0.15 and revenue C$1.41B but posted negative ROE (20.27%) and net margin (38.2%); it pays a quarterly dividend that annualizes to C$0.08 (≈1.0% yield) with a 66.7% payout ratio.
Market and leadership context: Shares are trading near their 12‑month high (opened C$8.35) amid analyst optimism about a profit rebound and potential bigger cash returns (buybacks/dividend), though an upcoming CEO succession in June could create near‑term uncertainty.

B2Gold Corp. (TSE:BTO - Get Free Report) (NYSE:BTG) insider Randall Chatwin sold 20,000 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of C$7.25, for a total value of C$145,000.00. Following the completion of the transaction, the insider directly owned 6,199 shares in the company, valued at approximately C$44,942.75. This trade represents 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 twelve month low of C$3.62 and a twelve month high of C$8.36. The firm has a market cap of C$11.16 billion, a PE ratio of 55.67, a price-to-earnings-growth ratio of -0.27 and a beta of 1.02. The business has a fifty day simple moving average of C$6.81 and a two-hundred day simple moving average of C$6.45. The company has a quick ratio of 3.33, a current ratio of 1.83 and a debt-to-equity ratio of 7.51.

B2Gold (TSE:BTO - Get Free Report) (NYSE:BTG) last posted its quarterly earnings results 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 for the quarter. B2Gold had a negative return on equity of 20.27% and a negative net margin of 38.20%. Analysts expect that B2Gold Corp. will post 0.5596659 earnings per share for the current fiscal year.

B2Gold Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 15th were given a dividend of $0.02 per share. The ex-dividend date of this dividend was Tuesday, December 2nd. This represents a $0.08 dividend on an annualized basis and a yield of 1.0%. B2Gold's dividend payout ratio (DPR) is 66.67%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on BTO shares. National Bank Financial increased their price objective on shares of B2Gold from C$9.25 to C$10.00 and gave the company an "outperform" rating in a research note on Tuesday, December 9th. Cormark lowered B2Gold from a "moderate buy" rating to a "hold" rating in a report on Friday, November 7th. Finally, Stifel Nicolaus cut their price target on B2Gold from C$11.50 to C$10.50 in a report on Tuesday, November 11th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, B2Gold currently has an average rating of "Buy" and an average target price of C$8.31.

Read Our Latest Stock Report on BTO

Trending Headlines about 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.)

About B2Gold

(Get Free Report)

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.