Friday, September 12, 2025

Latest

B2Gold Records Q3 2021 Gold Revenue Of US$510.9 Million

B2Gold Corp. (TSX: BTO) announced Tuesday evening its quarterly financial performance for Q3 2021, highlighting gold revenue of US$510.9 million. The report also included the previously announced production results for the quarter that saw gold production of 310,261 ounces.

The company’s quarterly revenue came from the previously reported gold sales of 286,650 ounces at an average realized price of US$1,782 per ounce. This is an increase from Q2 2021’s gold revenue of US$363.0 million from selling 200,071 ounces at US$$1,814 per ounce, and from Q3 2020’s revenue of US$487.2 million.

Further down the line, the firm’s profit margin for the quarter came in at 46.0%, up from last quarter’s 35.3% but down from last year’s 55.8%. The quarterly net income increased to US$134.9 million from Q2 2021’s US$74.0 million but declined from Q3 2020’s US$277.0 million. The quarterly net income translates to US$0.12 earnings per diluted share.

The mining firm ended the quarter with US$546.5 million in cash and cash equivalents compared to its beginning quarter balance of US$382.1 million. This puts the balance of current assets at US$975.5 million while current liabilities came in at US$199.5 million.

The Vancouver-based gold producer has previously announced that it is increasing the full-year 2021 production guidance to 1,015,000 – 1,055,000 gold ounces. For the first nine months of the year, the firm has already produced a total of 310,261 gold ounces.

B2Gold Corp. last traded at $5.15 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Avino Q2 Earnings: Steady As She Goes

MEG Energy: Cenovus Comes In With $7.9 BILLION Offer

Orla Mining Q2 Earnings: Musselwhite Changes Everything

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Judy Shelton, Backer of Gold Standard, Approved By Senate Banking Committee For Federal Reserve Nomination

Judy Shelton has been approved by the Senate Banking Committee as a nominee for the...

Tuesday, July 21, 2020, 03:31:06 PM

The Goal is Gold Production as Soon as Possible! | Gordon Robb – ESGOLD Corp.

In this interview, Gordon Robb, CEO of ESGOLD Corp. (CSE: ESAU), discusses his decision to...
Monday, July 7, 2025, 03:50:00 PM

Gold Drilling Scaled to 60,000 Meters: How Big Can This Get? | Roger Rosmus – Goliath Resources

In this interview, Roger Rosmus, CEO of Goliath Resources (TSXV: GOT), discusses the company's recent...
Tuesday, July 1, 2025, 03:48:00 PM

Stone Gold Appoints John Timmons As CEO And President

Stone Gold (TSXV: STG) has a new head honcho. The company announced this morning that...

Monday, November 2, 2020, 09:30:11 AM

Battle North Gold Conducts $45 Million Bought Deal To Further Red Lake Property Development

Battle North Gold (TSX: BNAU) this morning announced a significant financing. Co-lead by Cormark Securities...

Wednesday, August 19, 2020, 08:50:07 AM