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B2Gold: 1Q Earnings Snapshot

Associated Press
Updated ·1-min read

VANCOUVER, British Columbia (AP) _ B2Gold Corp. (BTG) on Tuesday reported first-quarter earnings of $72.3 million.

On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 7 cents. Earnings, adjusted for non-recurring costs, were 10 cents per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.

The gold, silver and copper miner posted revenue of $380.3 million in the period.

B2Gold shares have climbed 35% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $5.43, more than doubling in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BTG at https://www.zacks.com/ap/BTG