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Genesis Minerals Limited ( (AU:GMD) ) has issued an update.
Genesis Minerals Limited reported a record gold production of 72,878 ounces for the September quarter, exceeding guidance and contributing to a substantial cash build of A$166 million. The company is advancing its ‘ASPIRE 400’ growth strategy, which includes expanding processing plants and increasing exploration budgets, positioning Genesis for continued growth and financial stability in the gold mining sector.
The most recent analyst rating on (AU:GMD) stock is a Buy with a A$8.00 price target. To see the full list of analyst forecasts on Genesis Minerals Limited stock, see the AU:GMD Stock Forecast page.
More about Genesis Minerals Limited
Genesis Minerals Limited operates in the mining industry, focusing on gold production. The company is engaged in open pit mining and processing operations, primarily at its Jupiter and Laverton sites, with an emphasis on expanding its processing capabilities and exploration efforts.
Average Trading Volume: 5,913,706
Technical Sentiment Signal: Buy
Current Market Cap: A$6.93B
For a thorough assessment of GMD stock, go to TipRanks’ Stock Analysis page.