1. GMINF reported $24.4M net income, $0.11 per share for Q1 2025. 2. Produced 35,578 ounces of gold at $960 per ounce operating cost. 3. Significant increase in mineral reserves to 6.7 million ounces. 4. Cash on hand increased to $149 million, supporting further developments. 5. Added to major benchmarks, enhancing visibility among institutional investors.
Strong financials and positive projections typically bolster stock prices. Historical examples show similar announcements often lead to price increases, as seen in other mining stocks with strong results.
The article highlights strong production and financial results, making it highly relevant for investors in GMINF.
Strategic developments, particularly the Oko West project, have potential for significant revenue in future years if implemented successfully.
BROSSARD, QC, May 14, 2025 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation" or "we") (TSX: GMIN) (OTCQX: GMINF) is pleased to report its production and financial results for the quarter ended March 31, 2025. Unless otherwise stated, all dollar amounts in this news release are expressed in U.S. dollars.