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BRIEF-B2Gold Reports Q4 Earnings Per Share Of $0.16

Published 2021-02-23, 08:29 p/m
© Reuters.
BTO
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Feb 23 (Reuters) - B2Gold Corp BTO.TO :

* B2GOLD REPORTS STRONG FOURTH QUARTER AND FULL-YEAR 2020 RESULTS; ANNUAL RECORDS FOR 2020 GOLD PRODUCTION, GOLD REVENUES AND OPERATING CASH FLOWS; DECLARES 2021 FIRST QUARTER DIVIDEND OF $0.04 PER SHARE

* Q4 ADJUSTED EARNINGS PER SHARE $0.14

* Q4 EARNINGS PER SHARE $0.16

* Q4 EARNINGS PER SHARE ESTIMATE $0.13 -- REFINITIV IBES DATA

* B2GOLD-QTRLY TOTAL GOLD PRODUCTION OF 270,469 OUNCES (INCLUDING 14,150 OUNCES OF ATTRIBUTABLE PRODUCTION FROM CALIBRE MINING CORP)

* IN 2021, COMPANY IS FORECASTING TOTAL GOLD PRODUCTION OF BETWEEN 970,000 AND 1,030,000 OUNCES

* Q4 GOLD REVENUE $479.5 MILLION VERSUS $313.7 MILLION

* 2021 TOTAL CONSOLIDATED CASH OPERATING COSTS FORECAST TO BE BETWEEN $500 AND $540 PER OUNCE

* 2021 TOTAL CONSOLIDATED AISC FORECAST TO BE BETWEEN $870 AND $910 PER OUNCE

* CONSOLIDATED GOLD PRODUCTION FROM ITS THREE OPERATING MINES IS FORECAST TO BE BETWEEN 920,000 AND 970,000 OUNCES IN 2021

* B2GOLD-IN 2021 EXPECTS TO GENERATE CASHFLOWS FROM OPERATING ACTIVITIES OF ABOUT $630 MILLION, BASED ON ASSUMPTIONS INCLUDING AVERAGE GOLD PRICE OF $1,800/OUNCE

* COMPANY'S 2021 OPERATING CASHFLOWS ARE EXPECTED TO BE LOWER THAN 2020

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