VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — B2Gold Corp. (BTG) on Wednesday reported a loss of $11.9 million in its fourth quarter.
The Vancouver, British Columbia-based company said it had a loss of 1 cent per share. Earnings, adjusted for non-recurring costs, were 1 cent per share.
The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The gold, silver and copper miner posted revenue of $499.8 million in the period.
For the year, the company reported a loss of $629.9 million, or 48 cents per share, swinging to a loss in the period. Revenue was reported as $1.9 billion.
In the final minutes of trading on Wednesday, the company’s shares hit $2.67. A year ago, they were trading at $2.52.
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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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