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Genesis Minerals Limited ( (AU:GMD) ) has issued an announcement.
Genesis Minerals Limited announced a change in the shareholdings of its Non-Executive Director, Mr. Michael Bowen, who sold 645,487 ordinary shares. The proceeds from this sale will primarily be used to cover tax liabilities arising from the exercise of options. This transaction reflects routine financial management by a company director and does not indicate any strategic shift or operational impact for Genesis Minerals.
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 is a company operating in the mining industry, primarily focused on mineral exploration and development. The company is listed on the Australian Securities Exchange (ASX) under the ticker GMD.
Average Trading Volume: 6,404,901
Technical Sentiment Signal: Buy
Current Market Cap: A$7.48B
For a thorough assessment of GMD stock, go to TipRanks’ Stock Analysis page.