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Genesis Minerals Limited ( (AU:GMD) ) just unveiled an update.
Genesis Minerals Limited has announced the issuance of 11,000,627 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code GMD. This move is part of the company’s strategy to strengthen its financial position and support its ongoing operations, potentially impacting its market positioning and offering implications for its stakeholders.
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 primarily deals with the extraction and processing of minerals, aiming to enhance its market presence and deliver value to its stakeholders.
Average Trading Volume: 5,069,025
Technical Sentiment Signal: Buy
Current Market Cap: A$5.71B
See more insights into GMD stock on TipRanks’ Stock Analysis page.