The earnings call reflected a strong start to the year with solid financial results and significant resource growth at Oko West. Operational efficiencies were evident despite weather challenges and unplanned downtime. The company maintained a disciplined approach to cost management and resource development, setting a positive outlook for the remainder of the year.

Company Guidance

In the call, G Mining Ventures provided detailed guidance for their operations in the first quarter of 2025. They reported the production of 35,578 ounces of gold at a cash cost of $689 per ounce and an all-in sustaining cost (AISC) of $960 per ounce, maintaining their first quartile cost position. The company generated an adjusted EBITDA of $69 million and free cash flow of $36 million, ending the quarter with $149 million in cash. Looking forward, they aim to produce between 175,000 and 200,000 ounces for the year, with over 56% of production expected in the second half as grades and throughput increase. Additionally, sustaining capital expenditures are anticipated to total $40 million in Q2, with $22 million projected for the second half, focused primarily on capitalized waste stripping. The Oko West project remains on track for a construction decision in the second half, supported by a robust feasibility study indicating a 12-year mine life with an average annual gold production of 350,000 ounces at a first quartile AISC of $1,123 per ounce.

Strong Financial Performance

Revenue was $98 million with an average realized gold price of $2,766 per ounce. Income from mining operations reached $60 million, maintaining a 61% margin. Adjusted EBITDA was $69 million, and adjusted net income stood at $35 million or $0.16 per share.

Operational Efficiency

Produced 35,578 ounces at a cash cost of $689 per ounce and AISC of $960 per ounce, reinforcing first quartile cost performance. Ended the quarter with $149 million in cash.

Resource Growth at Oko West

Published resource and reserve updates showing material increases year-over-year. Indicated resources now total 9.4 million ounces, inferred resources total 1.2 million ounces, and global reserves now total 6.7 million ounces, a 4.6 million ounce increase year-over-year.

Safety and Environmental Permits

Reported zero lost time injuries in the quarter, underscoring a strong safety culture. Secured interim environmental permits for Oko West, enabling early works activities.

Ongoing Development at Oko West

Initiated early works construction activities and announced a robust feasibility study confirming Oko West’s Tier 1 potential with a 12-year mine life.

G Mining Ventures (TSE:GMIN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:GMIN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 21, 2025	2025 (Q3)	0.43 / -	0.11	―	―	―
Jun 20, 2025	2025 (Q2)	- / -	-0.055	―	―	―
May 15, 2025	2025 (Q1)	0.29 / 0.15	-0.055	375.00% (+0.21)
Mar 28, 2025	2024 (Q4)	0.23 / 0.29	-0.055	625.00% (+0.34)
Nov 15, 2024	2024 (Q3)	0.06 / 0.11	0	―	―	―
Aug 12, 2024	2024 (Q2)	-0.03 / -0.07	0	―	―	―
May 13, 2024	2024 (Q1)	-0.06 / -0.06	-0.055	0.00% (0.00)	―	―
Mar 27, 2024	2023 (Q4)	-0.02 / -0.06	0	―	―	―
Nov 24, 2023	2023 (Q3)	-0.02 / 0.00	0	―	―	―
Aug 29, 2023	2023 (Q2)	-0.04 / 0.00	0	―	―	―

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

TSE:GMIN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jun 20, 2025	C$17.96	C$17.80	-0.89%
May 15, 2025	C$18.64	C$18.28	-1.93%
Mar 28, 2025	C$18.15	C$18.74	+3.25%
Nov 15, 2024	C$10.46	C$10.59	+1.24%

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.

FAQ

When does G Mining Ventures (TSE:GMIN) report earnings?

G Mining Ventures (TSE:GMIN) is schdueled to report earning on Nov 21, 2025, During Market Hours (Confirmed).

What is G Mining Ventures (TSE:GMIN) earnings time?

G Mining Ventures (TSE:GMIN) earnings time is at Nov 21, 2025, During Market Hours (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 (Q3) is 0.43.

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