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Genesis Minerals Boosts Gold Reserves to 3.7 Million Ounces

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Genesis Minerals Boosts Gold Reserves to 3.7 Million Ounces

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

Genesis Minerals Limited has announced a significant increase in its mineral resources and ore reserves, now totaling 3.7 million ounces, as part of its ASPIRE 400 strategy. This development is expected to bolster the company’s growth strategy and enhance its position in the gold mining sector, providing a robust foundation for future production targets and exploration results.

The most recent analyst rating on (AU:GMD) stock is a Buy with a A$5.10 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 is an Australian company operating in the gold mining industry. The company focuses on mineral resources and ore reserves, with a strategic emphasis on expanding its gold production capabilities.

Average Trading Volume: 4,867,269

Technical Sentiment Signal: Buy

Current Market Cap: A$4.09B

For detailed information about GMD stock, go to TipRanks’ Stock Analysis page.

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