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Genesis Minerals Announces Quotation of New Securities

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Genesis Minerals Announces Quotation of New Securities

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Genesis Minerals Limited ( (AU:GMD) ) just unveiled an update.

Genesis Minerals Limited has announced the quotation of 93,951 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code GMD. This issuance, part of an employee incentive scheme, is expected to enhance the company’s market presence and provide additional liquidity, potentially impacting its operational strategies and stakeholder interests.

The most recent analyst rating on (AU:GMD) stock is a Hold with a A$5.40 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 involved in the extraction and processing of minerals, with a market focus on expanding its resource base and enhancing shareholder value.

Average Trading Volume: 4,491,273

Technical Sentiment Signal: Buy

Current Market Cap: A$6.32B

See more data about GMD stock on TipRanks’ Stock Analysis page.

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