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 three months ended 31 March 2019, B2Gold Corp. revenues decreased 12% to $301.7M. Net income decreased 61% to $22.3M. Revenues reflect Masbate Mine segment decrease of 18% to $65.8M, Fekola Project segment decrease of 7% to $151.5M. Net income also reflects G/L on Invest. HFS, Maturity & Trading decrease from $11.2M (income) to $0K, General and administrative increase of 31% to $15.8M (expense).
Employees: 3,168 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $4,419M as of Mar 31, 2019
Annual revenue (TTM): $1,563M as of Mar 31, 2019
EBITDA (TTM): $711.21M as of Mar 31, 2019
Net annual income (TTM): -$6.94M as of Mar 31, 2019
Free cash flow (TTM): $173.27M as of Mar 31, 2019
Net Debt Last Fiscal Year: $451.55M as of Mar 31, 2019
Shares outstanding: 1,004,748,151 as of Jun 20, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization