B2Gold: Q4 Earnings Snapshot

Associated Press Finance
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VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — B2Gold Corp. (BTG) on Wednesday reported a fourth-quarter loss of $117.4 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 9 cents. Earnings, adjusted for non-recurring costs, were 7 cents per share.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.

The gold, silver and copper miner posted revenue of $512 million in the period.

For the year, the company reported profit of $41.6 million, or 1 cent per share. Revenue was reported as $1.93 billion.

In the final minutes of trading on Wednesday, the company's shares hit $2.50. A year ago, they were trading at $3.27.

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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

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