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B2Gold: 2Q Earnings Snapshot

August 7, 2019

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.


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

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