TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Genesis Minerals Limited ( (AU:GMD) ) has provided an update.
Genesis Minerals Limited announced the issuance of 1,784,000 performance rights under its employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to motivate and retain key employees, potentially impacting its operational efficiency and stakeholder value positively.
The most recent analyst rating on (AU:GMD) stock is a Buy with a A$6.50 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 production of gold and other precious metals, positioning itself as a key player in the mineral exploration market.
Average Trading Volume: 5,708,553
Technical Sentiment Signal: Buy
Current Market Cap: A$7.1B
For a thorough assessment of GMD stock, go to TipRanks’ Stock Analysis page.