B2Gold Corp. (T:BTO*CA)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 595 Burrard Street, Suite 3100
Tel: 1-604-6818371
Website: www.b2gold.com
IR: See website
Key People
Robert Melvin Douglas Cross
Independent Chairman of the Board
Ian MacLean
Vice President - Investor Relations
Clive Thomas Johnson
President, Chief Executive Officer, Director
Michael Andrew Cinnamond
Chief Financial Officer, Senior Vice President - Finance
Roger T. Richer
Executive Vice President, General Counsel, Secretary
Tom A. Garagan
Senior Vice President - Exploration
William Lytle
Senior Vice President - Operations
Dennis Stansbury
Senior Vice President - Engineering and Project Evaluations
Dana Rogers
Vice President - Finance
Dale Craig
Vice President - Operations
Business Overview
B2Gold Corp. (B2Gold) is a Canada-based gold producer with approximately four operating mines and one mine under construction. The Company has a portfolio of other evaluation and exploration projects in various countries, including Mali, Colombia, Burkina Faso, Finland, Chile and Nicaragua. Its material mineral properties consist of three mines and one mine under construction: Otjikoto mine, an open pit gold mine located approximately 300 kilometers north of Windhoek, the capital of Namibia (Otjikoto Mine); Masbate mine, an open pit gold mine, located near the northern tip of the island of Masbate, over 360 kilometers south-east of Manila (Masbate Gold Project); La Libertad mine, an open pit gold mine located over 110 kilometers due east of Managua and 32 kilometers northeast of Juigalpa, Nicaragua (La Libertad Mine), and Fekola gold project, an open pit gold mine under construction located approximately 40 kilometers south of the city of Kenieba, Mali (Fekola Project).
Financial Overview
For the fiscal year ended 31 December 2018, B2Gold Corp. revenues increased 92% to $1.23B. Net income decreased 49% to $28.9M. Revenues reflect Fekola Project segment increase from $6.1M to $560.5M, Masbate Mine segment increase of 14% to $283.4M. Net income was offset by Interest and financing costs increase from $12.9M to $31.8M (expense), Unrealised losse on derivative liabiliyt decrease from $9.7M (income) to $4.8M (expense).
Employees: 3,109 as of Dec 31, 2017
Reporting Currency: U.S. Dollars
Enterprise value: $4,375M as of Dec 31, 2018
Annual revenue (TTM): $1,630M as of Dec 31, 2018
EBITDA (TTM): $780.45M as of Dec 31, 2018
Net annual income (TTM): $38.50M as of Dec 31, 2018
Free cash flow (TTM): $238.50M as of Dec 31, 2018
Net Debt Last Fiscal Year: $501.27M as of Dec 31, 2018
Shares outstanding: 1,004,561,004 as of Mar 12, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization