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B2Gold Corp. (T:BTO)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: Park Place
Suite 3400 - 666 Burrard Street
Tel: 1-604-6818371
IR: See website
Key People
Clive Thomas Johnson
President, Chief Executive Officer, Director
Eduard Bartz
Vice President - Taxation and External Reporting
Michael Andrew Cinnamond
Chief Financial Officer, Senior Vice President - Finance
William Lytle
Chief Operating Officer, Senior Vice President
Roger T. Richer
Executive Vice President, General Counsel, Secretary
Tom A. Garagan
Senior Vice President - Exploration
Dennis Stansbury
Senior Vice President - Engineering and Project Evaluations
Dana Rogers
Vice President - Finance
Dale Craig
Vice President - Operations
Ian MacLean
Vice President - Investor Relations
Business Overview
B2Gold Corp. is a Canada-based gold producing company. The Company has operating gold mines in Mali, Namibia and the Philippines, and exploration and development projects in countries, including Colombia, Mali, Finland and Uzbekistan. The Company's producing mine projects include Fekola mine, Masbate mine and Otjikoto mine. The Fekola Gold Project is located in southwest Mali, on the border between Mali and Senegal, approximately 500 kilometers (km) due west of the capital city, Bamako. The Masbate Gold Project (MGP) is located on Masbate Island in the Philippines. The Masbate Mine is located approximately 360 km southeast of Manila. The Otjikoto Gold Project is located in the north-central part of Namibia, approximately 300 km north of Windhoek, the capital of Namibia. Its development project include Gramalote Project.
Financial Overview
For the three months ended 31 March 2022, B2Gold Corp. revenues increased 1% to $365.6M. Net income decreased 12% to $80.7M. Revenues reflect Otjikoto Project segment increase of 76% to $84.6M. Net income was offset by Share-based payments increase from $1.2M to $8.4M (expense), Foreign exchange (losses) gains increase from $3.5M (income) to $2.5M (expense). Dividend per share remained flat at $0.04.
Employees: 4,689 as of Dec 31, 2021
Reporting Currency: U.S. Dollars
Enterprise value: $4,688M as of Mar 31, 2022
Annual revenue (TTM): $2,267M as of Mar 31, 2022
EBITDA (TTM): $1,351M as of Mar 31, 2022
Net annual income (TTM): $525.58M as of Mar 31, 2022
Free cash flow (TTM): $251.12M as of Mar 31, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 1,058,368,434 as of Mar 31, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization