tiprankstipranks
G Mining Ventures Marks 2024 Milestones with Major Gold Production and Strategic Acquisitions
Company Announcements

G Mining Ventures Marks 2024 Milestones with Major Gold Production and Strategic Acquisitions

Story Highlights
  • G Mining Ventures completed the Tocantinzinho Gold Mine on time and budget, producing 63,566 ounces in 2024.
  • The company saw a 94% share price increase, driven by strategic acquisitions and project expansions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Stay Ahead of the Market:

G Mining Ventures ( (TSE:GMIN) ) has issued an announcement.

G Mining Ventures has celebrated significant achievements in 2024, including the on-time and on-budget completion of the Tocantinzinho Gold Mine in Brazil, which produced 63,566 ounces of gold. The company also acquired the Oko West Gold Project in Guyana and the CentroGold Project in Brazil, indicating a strategic expansion in its portfolio. These developments contributed to a 94% appreciation in its share price, positioning G Mining Ventures as a strong player in the mining sector. The corporation’s advancements are supported by a robust management team and a commitment to environmental, social, and governance principles, as evidenced by their ESG report and local employment initiatives.

More about G Mining Ventures

G Mining Ventures is a mining company focused on the exploration, development, and production of gold. It operates primarily in Brazil and Guyana, with key assets including the Tocantinzinho Gold Mine and the Oko West Gold Project. The company is committed to advancing its projects and creating value through strategic execution and asset management.

YTD Price Performance: 6.58%

Average Trading Volume: 30,753

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.79B

See more insights into GMIN stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyG Mining Ventures price target raised to C$17 from C$16 at Jefferies
TipRanks Canadian Auto-Generated NewsdeskG Mining Ventures Secures Interim Permit for Oko West Project
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App