Analyst Estimates: Here's What Brokers Think Of G Mining Ventures Corp. (TSE:GMIN) After Its Third-Quarter Report

It's been a good week for G Mining Ventures Corp. (TSE:GMIN) shareholders, because the company has just released its latest quarterly results, and the shares gained 2.1% to CA$28.68. Results look mixed - while revenue fell marginally short of analyst estimates at US$163m, statutory earnings were in line with expectations, at US$0.37 per share. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on G Mining Ventures after the latest results.

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Taking into account the latest results, the current consensus from G Mining Ventures' four analysts is for revenues of US$633.9m in 2026. This would reflect a substantial 29% increase on its revenue over the past 12 months. Statutory earnings per share are expected to dive 26% to US$0.80 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$601.2m and earnings per share (EPS) of US$0.83 in 2026. So it's pretty clear consensus is mixed on G Mining Ventures after the latest results; whilethe analysts lifted revenue numbers, they also administered a minor downgrade to per-share earnings expectations.

See our latest analysis for G Mining Ventures

There's been no major changes to the price target of CA$40.40, suggesting that the impact of higher forecast revenue and lower earnings won't result in a meaningful change to the business' valuation. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. The most optimistic G Mining Ventures analyst has a price target of CA$50.25 per share, while the most pessimistic values it at CA$35.00. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await G Mining Ventures shareholders.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that G Mining Ventures' revenue growth is expected to slow, with the forecast 23% annualised growth rate until the end of 2026 being well below the historical 84% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 17% annually. So it's pretty clear that, while G Mining Ventures' revenue growth is expected to slow, it's still expected to grow faster than the industry itself.

The Bottom Line

The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have forecasts for G Mining Ventures going out to 2027, and you can see them free on our platform here.

You should always think about risks though. Case in point, we've spotted 2 warning signs for G Mining Ventures you should be aware of, and 1 of them is a bit unpleasant.

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This 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.