VANCOUVER, British Columbia (AP) _ B2Gold Corp. (BTG) on Tuesday reported first-quarter net income of $80.7 million.
On a per-share basis, the Vancouver, British Columbia-based company said it had profit of 8 cents. Earnings, adjusted for non-recurring gains, came to 6 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.
The gold, silver and copper miner posted revenue of $365.6 million in the period.
In the final minutes of trading on Tuesday, the company’s shares hit $4.31. A year ago, they were trading at $5.06.
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