Latest news with #GMiningVentures
Yahoo
14 hours ago
- Business
- Yahoo
2 Rallying TSX Stocks You'll Wish You Bought Sooner
Written by Jitendra Parashar at The Motley Fool Canada We've all been there – you check a stock you were eyeing, and boom, it's already up 40% or 50% since you first thought about buying it. That sting of 'I should've bought it' hits hard. The good news is, most growth stories aren't over with just one rally. In fact, some TSX stocks that have surged recently still show strong momentum, supported by their improving fundamentals. In this article, let's look at two Canadian stocks that have been rallying, and why it still might not be too late to buy them for the long term. G Mining Ventures (TSX:GMIN) has seen a massive move lately but still has long-term potential written all over it. This gold miner has been up more than 117% in the last year and trades at $18.72 per share with a market cap of about $4.2 billion. G Mining is developing precious metals projects in Brazil and Guyana, anchored by its producing Tocantinzinho mine and the advancing Oko West project. In the March quarter, G Mining produced over 35,500 ounces of gold at an impressive all-in sustaining cost of US$960 per ounce. Despite some seasonal rain impacting its mining activity, the company still delivered strong free cash flow of US$36 million and net profit of US$24.4 million. Notably, its adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) hit US$68.6 million last quarter, showing how well its ramp-up is going. With its production expected to increase through the second half of 2025 as higher-grade ore becomes available, G Mining seems well on track to meet its annual guidance of up to 200,000 ounces. In addition, the company recently released a positive feasibility study for its Oko West project, suggesting an after-tax value of US$2.2 billion and a mine life of over 12 years. For long-term investors seeking exposure to a fast-growing gold producer with exploration upside and strong project economics, G Mining Ventures could be a compelling stock to consider. Another TSX stock that's been gaining solid momentum in 2025 is Aritzia (TSX:ATZ). This company's growth story is hard to ignore right now. The Vancouver-based apparel retailer is known for its portfolio of exclusive fashion brands and strong e-commerce platform. Aritzia stock has surged nearly 79% over the past year and currently trades at $67.44 per share with a market cap of $7.7 billion. In its most recent quarter (ended in February 2025), Aritzia delivered 31.3% YoY (year-over-year) sales growth with the help of strong U.S. demand and e-commerce sales. For the quarter, its adjusted earnings also shot up 156% YoY, and its adjusted EBITDA margin improved to 18% from 10.6%. Notably, the company opened 12 new boutiques in its fiscal year 2025 (ended in February), including a flagship on Manhattan's Fifth Avenue, and it's not slowing down. With its net revenue expected to grow up to 19% in fiscal 2026, Aritzia is leaning into its growth drivers, even as U.S. tariffs add some complexity. For investors looking beyond the short-term market noise, this fashion stock has all the right ingredients for solid upside. The post 2 Rallying TSX Stocks You'll Wish You Bought Sooner appeared first on The Motley Fool Canada. More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Jitendra Parashar has positions in Aritzia. The Motley Fool has positions in and recommends Aritzia. The Motley Fool has a disclosure policy. 2025
Yahoo
14-06-2025
- Business
- Yahoo
G Mining Ventures Corp.'s (TSE:GMIN) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
G Mining Ventures (TSE:GMIN) has had a great run on the share market with its stock up by a significant 19% over the last three months. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. Particularly, we will be paying attention to G Mining Ventures' ROE today. Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Simply put, it is used to assess the profitability of a company in relation to its equity capital. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The formula for ROE is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for G Mining Ventures is: 8.5% = US$91m ÷ US$1.1b (Based on the trailing twelve months to March 2025). The 'return' is the amount earned after tax over the last twelve months. One way to conceptualize this is that for each CA$1 of shareholders' capital it has, the company made CA$0.08 in profit. See our latest analysis for G Mining Ventures We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. On the face of it, G Mining Ventures' ROE is not much to talk about. However, its ROE is similar to the industry average of 10%, so we won't completely dismiss the company. Particularly, the exceptional 60% net income growth seen by G Mining Ventures over the past five years is pretty remarkable. Taking into consideration that the ROE is not particularly high, we reckon that there could also be other factors at play which could be influencing the company's growth. For instance, the company has a low payout ratio or is being managed efficiently. Next, on comparing with the industry net income growth, we found that G Mining Ventures' growth is quite high when compared to the industry average growth of 18% in the same period, which is great to see. Earnings growth is a huge factor in stock valuation. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. This then helps them determine if the stock is placed for a bright or bleak future. Is G Mining Ventures fairly valued compared to other companies? These 3 valuation measures might help you decide. G Mining Ventures doesn't pay any regular dividends currently which essentially means that it has been reinvesting all of its profits into the business. This definitely contributes to the high earnings growth number that we discussed above. On the whole, we do feel that G Mining Ventures has some positive attributes. With a high rate of reinvestment, albeit at a low ROE, the company has managed to see a considerable growth in its earnings. With that said, the latest industry analyst forecasts reveal that the company's earnings growth is expected to slow down. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Business Insider
10-06-2025
- Business
- Business Insider
G Mining Ventures initiated with a Buy at Desjardins
Desjardins initiated coverage of G Mining Ventures (GMINF) with a Buy rating and C$25 price target Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Yahoo
18-05-2025
- Business
- Yahoo
G Mining Ventures Corp. Just Missed Earnings - But Analysts Have Updated Their Models
The analysts might have been a bit too bullish on G Mining Ventures Corp. (TSE:GMIN), given that the company fell short of expectations when it released its first-quarter results last week. Unfortunately, G Mining Ventures delivered a serious earnings miss. Revenues of US$95m were 14% below expectations, and statutory earnings per share of US$0.11 missed estimates by 48%. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Following the latest results, G Mining Ventures' seven analysts are now forecasting revenues of US$523.7m in 2025. This would be a huge 115% improvement in revenue compared to the last 12 months. Per-share earnings are expected to shoot up 120% to US$0.89. In the lead-up to this report, the analysts had been modelling revenues of US$537.3m and earnings per share (EPS) of US$1.08 in 2025. The analysts seem less optimistic after the recent results, reducing their revenue forecasts and making a real cut to earnings per share numbers. See our latest analysis for G Mining Ventures The average price target climbed 5.6% to CA$25.33despite the reduced earnings forecasts, suggesting that this earnings impact could be a positive for the stock, once it passes. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values G Mining Ventures at CA$32.00 per share, while the most bearish prices it at CA$22.00. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable. These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the G Mining Ventures' past performance and to peers in the same industry. The analysts are definitely expecting G Mining Ventures' growth to accelerate, with the forecast 178% annualised growth to the end of 2025 ranking favourably alongside historical growth of 90% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 14% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that G Mining Ventures is expected to grow much faster than its industry. The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for G Mining Ventures. Regrettably, they also downgraded their revenue estimates, but the latest forecasts still imply the business will grow faster than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time. With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for G Mining Ventures going out to 2027, and you can see them free on our platform here.. However, before you get too enthused, we've discovered 1 warning sign for G Mining Ventures that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
07-03-2025
- Business
- Yahoo
G Mining starts site preparation for Oko West Gold project in Guyana
G Mining Ventures has initiated site preparation at the Oko West Gold project in Guyana, marking a major milestone in the advancement of the operation. The Guyana Environmental Protection Agency granted an interim environmental permit in January 2025, allowing the early construction work to begin. This marks the initial phase of the Oko West project's planned capital expenditure (capex) of $200m–240m for 2025. Early works construction encompasses various critical infrastructures such as an airstrip, barge landing facility, communications tower, main access road, permanent camp, power generation, and water and sewage treatment plants. These facilities will lay the groundwork for the project's next phases. G Mining Ventures is also progressing with permitting efforts to obtain the full environmental licence. Throughout 2025, the company will concentrate on several key milestones for the Oko West project. These include the publication of the feasibility study, securing project financing, making a formal construction decision, continuing detailed engineering, and conducting greenfield and brownfield exploration. G Mining Ventures president and CEO Louis-Pierre Gignac said:"The commencement of early works construction at Oko West demonstrates our commitment to expedite the delivery of another world-class gold project. "With site preparation activities initiated ahead of schedule, we are applying our extensive development expertise to ensure seamless execution while upholding high safety, environmental and social standards. 'These early-stage activities lay the groundwork for potentially fast tracking the project construction, once we publish the feasibility study, secure financing and make a formal construction decision, all anticipated by the middle of 2025." The Oko West feasibility study, incorporating updated mineral resource and mineral reserve estimates, is scheduled for publication in the second quarter of 2025. A positive feasibility study, alongside final permits and project financing, is expected to pave the way for a formal construction decision in the second half of 2025. In April 2024, G Mining Ventures merged with Reunion Gold, acquiring Reunion's Oko West project. "G Mining starts site preparation for Oko West Gold project in Guyana" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
