B2Gold: Q3 Earnings Snapshot

Associated Press Finance
07 Nov 2024

VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — B2Gold Corp. (BTG) on Wednesday reported a loss of $633.8 million in its third quarter.

On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 48 cents. Earnings, adjusted for non-recurring costs, were 2 cents per share.

The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.

The gold, silver and copper miner posted revenue of $448.2 million in the period.

In the final minutes of trading on Wednesday, the company's shares hit $3.18. A year ago, they were trading at $3.33.

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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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