B2Gold: 2Q Earnings Snapshot
VANCOUVER, British Columbia (AP) _ B2Gold Corp. (BTG) on Tuesday reported second-quarter net income of $37.9 million.
On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 4 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were 5 cents per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.
The gold, silver and copper miner posted revenue of $267.2 million in the period.
The company’s shares closed at $3.49. A year ago, they were trading at $2.43.