Cormark Has Negative Outlook for TSE:GMI Q2 Earnings

Green Mining Innovation Inc. (TSE:GMIFree Report) – Equities research analysts at Cormark cut their Q2 2025 EPS estimates for Green Mining Innovation in a note issued to investors 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 estimate 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 brokerages have also weighed in on GMI. Royal Bank of Canada raised Green Mining Innovation to a “moderate buy” rating in a research report on Friday, March 14th. BMO Capital Markets upgraded Green Mining Innovation to a “strong-buy” rating in a research note on Wednesday, January 22nd. Finally, Cibc World Mkts raised 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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