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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
―Last Year’s EPS
-0.04Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 15, 2025
|% Change Since: 7.99%
|Next Earnings Date:Jun 20, 2025
Earnings Call Sentiment|Positive
The earnings call presented a generally positive outlook with strong production metrics and financial performance despite some operational challenges like weather impacts and SAG mill downtime. The development at Oko West is progressing well, supported by robust resource growth and feasibility validation.Company Guidance
During the first quarter of 2025, G Mining Ventures reported a strong performance with a 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. The company recorded an adjusted EBITDA of $69 million and free cash flow of $36 million, ending the quarter with $149 million in cash. G Mining Ventures aims to produce 175,000 to 200,000 ounces of gold for the year, with over 56% of production expected in the second half as grades and throughput increase. The company also announced significant resource and reserve increases year-over-year, with indicated resources at 9.4 million ounces, inferred resources at 1.2 million ounces, and global reserves at 6.7 million ounces. At the Oko West project, early works have commenced, supported by interim environmental permits, with a construction decision anticipated in the second half of the year. The project is projected to have a 12-year mine life, with an average annual production of 350,000 ounces and a first quartile AISC of $1,123 per ounce.Strong Production and Cost Performance
Produced 35,578 ounces at a cash cost of $689 per ounce and AISC of $960 per ounce, maintaining first quartile cost performance despite challenging weather conditions.
Financial Highlights
Adjusted EBITDA was $69 million, and free cash flow was $36 million. Revenue was $98 million at an average realized gold price of $2,766 per ounce. Ended Q1 with $149 million in cash.
Oko West Development Progress
Secured interim environmental permits and commenced early works activities. Feasibility study confirmed Oko West’s Tier 1 potential with a 12-year mine life and average annual gold production of 350,000 ounces.
Safety Achievements
Reported zero lost time injuries in the quarter, underscoring the strength of the safety culture.
Resource and Reserve Growth
Published resource and reserve updates showed material increases with indicated resources totaling 9.4 million ounces, inferred resources at 1.2 million ounces, and global reserves at 6.7 million ounces, a 4.6 million ounce increase year-over-year.
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
TSE:GMIN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
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% |
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.
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?
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What companies are reporting earnings today?
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What is TSE:GMIN EPS forecast?
Currently, no data Available