B2Gold Corp (AMEX:BTG) shares are trading lower Wednesday. The company reported its fourth-quarter and full year 2023 consolidated gold production and revenue figures after the market close on Tuesday.
What To Know:
B2Gold announced its total gold production for fourth-quarter at 288,665 ounces, below its total gold production of 367,870 ounces from the same period in 2022.
Consolidated gold revenues for the fourth-quarter were $512 million, representing a decline of 13.5% year-over-year. B2Gold sold 256,921 ounces of gold at an average realized price of $1,993 per ounce in the fourth quarter.
Total gold production for 2023 was 1,061,060 ounces, reaching the upper half of the company’s 2023 guidance and marking B2Gold’s eighth consecutive year of meeting or exceeding annual production guidance.
B2Gold ...