Cormark Issues Pessimistic Forecast for TSE:GMI Earnings

Green Mining Innovation Inc. (TSE:GMIFree Report) – Cormark reduced their Q2 2025 earnings per share estimates for Green Mining Innovation in a research note issued on Monday, March 31st. Cormark analyst R. Gray now expects that the company will post earnings of $0.21 per share for the quarter, down from their prior forecast of $0.24. Cormark also issued estimates for Green Mining Innovation’s Q3 2025 earnings at $0.30 EPS, Q4 2025 earnings at $0.29 EPS and FY2025 earnings at $1.13 EPS.

Several other research firms also recently commented on GMI. Cibc World Mkts raised shares of Green Mining Innovation to a “strong-buy” rating in a report on Wednesday, January 22nd. Royal Bank of Canada raised shares of Green Mining Innovation to a “moderate buy” rating in a report on Friday, March 14th. Finally, BMO Capital Markets upgraded Green Mining Innovation to a “strong-buy” rating in a research note on Wednesday, January 22nd.

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Goldstar Minerals Inc is a natural resource exploration and development company. It focuses mainly on developing deposits which contain gold and technology metals in mining jurisdictions in Canada. The company holds an interest in five exploration properties which includes Anctil, Nemenjiche, Fortune and Panache North properties located in the province of Quebec, and the Prince property located in the province of Newfoundland.

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