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G Mining Ventures (TSE:GMIN)
TSX:GMIN
Earnings Data
Report Date
Jun 20, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.31Last Year’s EPS
-0.06Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 01, 2025
|% Change Since: -4.90%
|Next Earnings Date:Jun 20, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant achievements, including the successful transition to a gold producer, strong financial performance, and low-cost operations. However, it also acknowledged operational challenges and inventory build-up issues. While challenges exist, the company's strong financial position and growth plans indicate a positive outlook.Company Guidance
During the call, G Mining Ventures provided a comprehensive overview of their operational and financial performance for the fourth quarter and full year 2024. The company reported a successful transition to a cash flow positive gold producer with significant achievements, including producing over 40,000 ounces of gold in Q4 at an all-in sustaining cost (AISC) of $862 per ounce. For the full year, their gold production exceeded 63,500 ounces at an AISC of $972 per ounce. Financially, the realized gold price was $2,560 per ounce, leading to $58 million in adjusted net income or $0.26 per share, and $53 million in free cash flow for Q4. The adjusted EBITDA for the quarter was $78 million, while net debt was reduced to $27 million by year-end. Looking forward to 2025, GMIN anticipates gold production between 175,000 and 200,000 ounces with AISC ranging from $995 to $1,125 per ounce. They also outlined a $200 million to $240 million budget to advance the Oko West project, aiming for a construction decision in the second half of the year. The company's focus on operational excellence, financial discipline, and strategic growth underscores their commitment to establishing themselves as a leading intermediate gold producer.Successful Transition to Gold Producer
G Mining Ventures has transitioned from a company with no assets in 2020 to a cash flow positive gold producer in 2024, achieving commercial production at the Tocantinzinho (TZ) gold mining project.
Strong Financial Performance
In Q4 2024, the company generated $58 million in adjusted net income and $53 million in free cash flow, with an adjusted EBITDA of $78 million.
Low-Cost Operations
Tocantinzinho achieved an all-in sustaining cost (AISC) of $862 per ounce in Q4, 33% below the global average.
Health and Safety Excellence
G Mining Ventures reported only one lost time injury for 2024, with a lost time injury frequency rate of 0.08.
Oko West Project Progress
The Oko West project is expected to produce 353,000 ounces of gold annually at an AISC of $986 per ounce with an after-tax NPV5 of $2.5 billion.
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TSE:GMIN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:GMIN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 01, 2025 | C$18.77 | C$18.63 | -0.75% |
| Mar 28, 2025 | C$18.15 | C$18.74 | +3.25% |
| Nov 15, 2024 | C$10.46 | C$10.59 | +1.24% |
| Aug 12, 2024 | C$8.76 | C$9.38 | +7.08% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does G Mining Ventures (TSE:GMIN) report earnings?
G Mining Ventures (TSE:GMIN) is schdueled to report earning on Jun 20, 2025, TBA Not Confirmed.
What is G Mining Ventures (TSE:GMIN) earnings time?
G Mining Ventures (TSE:GMIN) earnings time is at Jun 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:GMIN EPS forecast?
TSE:GMIN EPS forecast for the fiscal quarter 2025 (Q2) is 0.31.
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