B2Gold (TSE:BTO) Insider Sells 177,190 Shares of Stock

August 13, 2026 by InsiderTrades.com

Key Points

Insider sale: William Lytle sold 177,190 B2Gold shares for approximately C$1.27 million at an average price of C$7.16, reducing his holdings by 81.1% to 41,285 shares.
Analyst sentiment improved: Several firms, including TD Securities, Scotiabank and CIBC, upgraded B2Gold to Buy or Strong Buy. The stock has a consensus “Buy” rating and an average price target of C$9.33.
Financial and shareholder highlights: B2Gold reported quarterly revenue of C$1.12 billion and earnings of C$0.04 per share, while maintaining a quarterly dividend of $0.02 per share, equivalent to a 1.1% yield.

B2Gold Corp. (TSE:BTO - Get Free Report) (NYSE:BTG) insider William Lytle sold 177,190 shares of the company's stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of C$7.16, for a total value of C$1,268,680.40. Following the completion of the sale, the insider owned 41,285 shares of the company's stock, valued at C$295,600.60. This trade represents a 81.10% decrease in their ownership of the stock.

William Lytle also recently made the following trade(s):

On Friday, July 3rd, William Lytle sold 14,089 shares of B2Gold stock. The shares were sold at an average price of C$5.88, for a total value of C$82,843.32.

B2Gold Price Performance

TSE:BTO opened at C$7.25 on Thursday. B2Gold Corp. has a one year low of C$5.02 and a one year high of C$8.60. The stock has a market cap of C$9.58 billion, a PE ratio of 12.95, a P/E/G ratio of -0.27 and a beta of 1.74. The company has a debt-to-equity ratio of 11.48, a quick ratio of 3.33 and a current ratio of 1.58. The stock has a 50 day moving average price of C$5.72 and a 200 day moving average price of C$6.43.

B2Gold (TSE:BTO - Get Free Report) (NYSE:BTG) last released its quarterly earnings data on Thursday, August 6th. The company reported C$0.04 earnings per share for the quarter. The company had revenue of C$1.12 billion for the quarter. B2Gold had a return on equity of 21.87% and a net margin of 21.20%. Equities research analysts expect that B2Gold Corp. will post 0.5596659 EPS for the current fiscal year.

B2Gold Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Tuesday, June 23rd were given a dividend of $0.02 per share. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $0.08 annualized dividend and a dividend yield of 1.1%. B2Gold's payout ratio is presently 14.29%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. TD Securities upgraded shares of B2Gold from a "hold" rating to a "strong-buy" rating in a research report on Monday. Scotia upgraded shares of B2Gold from a "sector perform" rating to a "sector outperform" rating and set a C$10.00 target price on the stock in a report on Monday. Scotiabank raised shares of B2Gold from a "hold" rating to a "strong-buy" rating in a research note on Monday. TD upgraded shares of B2Gold from a "hold" rating to a "buy" rating and raised their price target for the stock from C$6.00 to C$8.50 in a report on Monday. Finally, Canadian Imperial Bank of Commerce raised shares of B2Gold from a "hold" rating to a "strong-buy" rating in a research report on Monday. Three equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of C$9.33.

Get Our Latest Stock Analysis on B2Gold

Trending Headlines about B2Gold

Here are the key news stories impacting B2Gold this week:

Positive Sentiment: Multiple broker upgrades: CIBC raised B2Gold from “hold” to “strong buy,” while TD Securities made the same upgrade. Scotiabank also upgraded the shares from “hold” to “strong buy” and raised its rating to “sector outperform.” CIBC upgrade Scotiabank upgrade TD upgrade
Positive Sentiment: Broader analyst support: ATB Cormark also raised its rating on B2Gold, adding to the increasingly bullish analyst view and potentially encouraging additional buying from investors. ATB Cormark upgrade
Neutral Sentiment: The ratings changes represent a shift in analyst sentiment but do not include a new production, earnings, or corporate announcement. Investors may therefore continue to focus on gold prices and B2Gold’s operating results to validate the upgrades. Canadian analyst updates
Negative Sentiment: Insider selling: Director William Lytle sold 177,190 shares for approximately C$1.27 million, reducing his direct holdings by 81.1% to 41,285 shares. The transaction could temper bullish sentiment, although insider sales can reflect personal financial planning rather than a view on the company’s outlook.

About B2Gold

(Get Free Report)

B2Gold is a responsible international gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Canada, Mali, Namibia and the Philippines, and numerous development and exploration projects in various countries.