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Genesis Minerals Limited ( (AU:GMD) ) has provided an update.
Genesis Minerals Limited announced the cessation of 16,882 share rights due to the lapse of conditional rights that were not satisfied. This development may impact the company’s capital structure and could have implications for its stakeholders, as it reflects challenges in meeting certain operational or strategic conditions.
The most recent analyst rating on (AU:GMD) stock is a Hold with a A$4.40 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 the exploration and development of mineral resources. The company is primarily engaged in the production and exploration of gold and other precious minerals, aiming to expand its market presence and resource base.
Average Trading Volume: 5,821,460
Technical Sentiment Signal: Buy
Current Market Cap: A$5.12B
Learn more about GMD stock on TipRanks’ Stock Analysis page.