B2Gold reports fourth-quarter loss of $115.1 million
VANCOUVER – VANCOUVER, British Columbia (AP) _ B2Gold Corp. (BTG) on Wednesday reported a loss of $115.1 million in its fourth quarter.
On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 13 cents. Earnings, adjusted for non-recurring costs, were less than 1 cent on a per-share basis.
The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.
The gold, silver and copper miner posted revenue of $139 million in the period.
For the year, the company reported that its loss narrowed to $145.1 million, or 16 cents per share. Revenue was reported as $553.7 million.
In the final minutes of trading on Wednesday, the company’s shares hit $1.60. A year ago, they were trading at $1.50.
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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 http://www.zacks.com/ap/BTG
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Keywords: B2Gold, Earnings Report
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