G Mining Ventures Corp.

TSX:GMIN Stock Report

Market Cap: CA$4.5b

G Mining Ventures Valuation

Is GMIN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of GMIN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
CA$443.51
Fair Value
95.4% undervalued intrinsic discount
13
Number of Analysts

Below Fair Value: GMIN (CA$20.49) is trading below our estimate of fair value (CA$443.51)

Significantly Below Fair Value: GMIN is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GMIN?

Key metric: As GMIN is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for GMIN. This is calculated by dividing GMIN's market cap by their current earnings.
What is GMIN's PE Ratio?
PE Ratio23.2x
EarningsUS$144.96m
Market CapUS$3.29b

Price to Earnings Ratio vs Peers

How does GMIN's PE Ratio compare to its peers?

The above table shows the PE ratio for GMIN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average32.7x
DPM Dundee Precious Metals
12.5x-6.14%CA$4.3b
KNT K92 Mining
12.5x14.27%CA$3.6b
TXG Torex Gold Resources
12.6x19.97%CA$3.6b
SSL Sandstorm Gold
93.4xn/aCA$4.4b
GMIN G Mining Ventures
23.2x37.79%CA$4.5b

Price-To-Earnings vs Peers: GMIN is good value based on its Price-To-Earnings Ratio (23.2x) compared to the peer average (32.7x).

Price to Earnings Ratio vs Industry

How does GMIN's PE Ratio compare vs other companies in the CA Metals and Mining Industry?

28 CompaniesPrice / EarningsEstimated GrowthMarket Cap
THX Thor Explorations
3.3x-26.50%US$457.04m
LUC Lucara Diamond
1.4x-95.87%US$65.80m
GRSL GR Silver Mining
3.2xn/aUS$50.44m
MGZ.H Mangazeya Mining
0.9xn/aUS$32.84m
GMIN 23.2xIndustry Avg. 17.2xNo. of Companies28PE01632486480+
28 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GMIN is expensive based on its Price-To-Earnings Ratio (23.2x) compared to the Canadian Metals and Mining industry average (17.3x).

Price to Earnings Ratio vs Fair Ratio

What is GMIN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GMIN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.2x
Fair PE Ratio30x

Price-To-Earnings vs Fair Ratio: GMIN is good value based on its Price-To-Earnings Ratio (23.2x) compared to the estimated Fair Price-To-Earnings Ratio (30x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst GMIN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$20.49
CA$26.58
+29.71%
10.43%CA$32.00CA$23.00n/a13
Aug ’26CA$16.46
CA$26.58
+61.46%
10.99%CA$32.00CA$22.00n/a13
Jul ’26CA$17.78
CA$26.00
+46.23%
11.21%CA$32.00CA$22.00n/a13
Jun ’26CA$20.33
CA$25.33
+24.61%
12.04%CA$32.00CA$22.00n/a12
May ’26CA$19.12
CA$25.13
+31.41%
13.18%CA$32.00CA$20.00n/a12
Apr ’26CA$18.63
CA$21.04
+12.95%
14.63%CA$27.50CA$16.00n/a12
Mar ’26CA$15.22
CA$18.92
+24.29%
13.22%CA$23.75CA$15.00n/a12
Feb ’26CA$14.24
CA$17.91
+25.79%
10.66%CA$22.00CA$15.00n/a12
Jan ’26CA$10.80
CA$16.86
+56.10%
12.63%CA$22.00CA$14.00n/a12
Dec ’25CA$10.67
CA$16.61
+55.65%
12.51%CA$22.00CA$14.00n/a12
Nov ’25CA$12.05
CA$16.55
+37.31%
13.04%CA$22.00CA$13.50n/a12
Oct ’25CA$9.38
CA$15.70
+67.38%
13.70%CA$19.50CA$13.00n/a11
Sep ’25CA$8.57
CA$15.40
+79.64%
16.49%CA$19.50CA$10.00n/a11
Aug ’25CA$9.64
CA$15.17
+57.35%
15.20%CA$19.40CA$10.00CA$16.4611
Jul ’25CA$9.44
CA$13.60
+44.07%
20.67%CA$19.40CA$8.00CA$17.7810
Jun ’25CA$8.36
CA$13.52
+61.72%
20.14%CA$19.40CA$9.00CA$20.3310
May ’25CA$8.48
CA$12.09
+42.56%
16.42%CA$14.60CA$9.00CA$19.129
Apr ’25CA$8.00
CA$10.06
+25.75%
16.80%CA$13.00CA$8.00CA$18.6310
Mar ’25CA$7.52
CA$9.74
+29.52%
18.93%CA$13.00CA$8.00CA$15.2210
Feb ’25CA$8.00
CA$9.71
+21.39%
18.78%CA$13.00CA$8.00CA$14.249
Jan ’25CA$5.64
CA$8.13
+44.21%
7.24%CA$9.40CA$7.20CA$10.809
Dec ’24CA$5.68
CA$8.02
+41.24%
8.59%CA$9.40CA$7.00CA$10.679
Nov ’24CA$5.00
CA$8.02
+60.44%
8.59%CA$9.40CA$7.00CA$12.059
Oct ’24CA$4.60
CA$8.03
+74.46%
9.11%CA$9.40CA$7.00CA$9.388
Sep ’24CA$5.00
CA$7.83
+56.50%
6.69%CA$8.80CA$7.00CA$8.578
Aug ’24CA$4.68
CA$7.83
+67.20%
6.69%CA$8.80CA$7.00CA$9.648
AnalystConsensusTarget
Consensus Narrative from 13 Analysts
CA$26.58
Fair Value
22.9% undervalued intrinsic discount
13
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/22 19:49
End of Day Share Price 2025/08/22 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

G Mining Ventures Corp. is covered by 28 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael CurranBeacon Securities Limited
Brian QuastBMO Capital Markets Equity Research
Jackie PrzybylowskiBMO Capital Markets Equity Research