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BTG - B2Gold News Story

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Last Trade - 3:16pm

Sector
Basic Materials
Size
Large Cap
Market Cap £5.85bn
Enterprise Value £5.92bn
Revenue £970.1m
Position in Universe 886th / 6368

BRIEF-B2gold Reports Q1 Results, Increases Quarterly Dividend To $0.02 Per Share

Wed 6th May, 2020 12:53am
May 5 (Reuters) - B2Gold Corp  BTO.TO :
    * B2GOLD REPORTS STRONG Q1 2020 RESULTS AND QUARTERLY
RECORDS FOR
TOTAL GOLD PRODUCTION, GOLD REVENUE, OPERATING CASH FLOWS AND
CASH OPERATING COSTS; INCREASES QUARTERLY DIVIDEND TO $0.02 PER
SHARE
    * Q1 EARNINGS PER SHARE $0.07
    * Q1 EARNINGS PER SHARE ESTIMATE $0.10 -- REFINITIV IBES
DATA
    * Q1 ADJUSTED EARNINGS PER SHARE $0.10
    * B2GOLD - Q1 CONSOLIDATED GOLD PRODUCTION OF 250,632
OUNCES,
INCREASE OF 25% (50,090 OUNCES) OVER Q1 OF 2019
    * BASED ON CURRENT ASSUMPTIONS FOR 2020, B2GOLD REMAINS WELL
POSITIONED FOR CONTINUED STRONG OPERATIONAL AND FINANCIAL
PERFORMANCE
    * B2GOLD - DESPITE DISRUPTIONS CAUSED BY COVID-19 SINCE
MARCH
2020, CONTINUES TO SUCCESSFULLY SHIP ITS GOLD BULLION INVENTORY
TO REFINERIES
    * EXPECTS TO CONTINUE TO GENERATE NET CASH FLOWS THROUGH
BALANCE
OF 2020 AND FINISH 2020 IN SIGNIFICANT NET POSITIVE CASH
POSITION
    * BASED ON CURRENT ASSUMPTIONS, FOR FY 2020, LOW-COST FEKOLA
MINE
IS EXPECTED TO PRODUCE BETWEEN 590,000 AND 620,000 OUNCES OF
GOLD

Source text for Eikon:  ID:nCNWk42F2a 
Further company coverage:  BTO.TO 

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