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Genesis Minerals Limited ( (AU:GMD) ) has shared an update.
Genesis Minerals Limited has issued 51,000 unquoted performance rights under its employee incentive scheme, effective 2 February 2026. The new securities, which are subject to transfer restrictions and will not be quoted on the ASX until those restrictions lapse, reflect the company’s ongoing use of equity-based incentives to align staff remuneration with long-term corporate performance and shareholder interests.
The most recent analyst rating on (AU:GMD) stock is a Buy with a A$8.15 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-listed resources company operating in the minerals sector, with its shares traded on the ASX under the code GMD. The company is involved in the exploration and development of mineral assets, positioning itself within Australia’s broader mining and resources industry.
Average Trading Volume: 4,287,793
Technical Sentiment Signal: Buy
Current Market Cap: A$8.67B
See more insights into GMD stock on TipRanks’ Stock Analysis page.