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An announcement from Genesis Minerals Limited ( (AU:GMD) ) is now available.
Genesis Minerals reported record quarterly gold production of 74,261 ounces in the December 2025 quarter and 147,139 ounces for the half year, with all-in sustaining costs remaining tightly controlled despite broader industry cost pressures. Strong operating performance and disciplined spending drove a A$216.5 million underlying cash build, lifting cash and equivalents to A$403.6 million and leaving the company debt-free, while unaudited half-year NPAT is expected at A$235–245 million. Development of the flagship Tower Hill project is running ahead of schedule, with key approvals, rail agreements and a mining agreement with the Darlot People secured, major long-lead items ordered, and site establishment works set to begin in the March quarter. In line with its accelerated ASPIRE 400 growth strategy, Genesis has brought forward project development and lifted FY26 growth capital guidance to A$220–240 million, maintaining a FY26 production outlook of 260,000–290,000 ounces and planning an updated long-term plan in the June half of 2026 that will detail processing expansions, including Tower Hill ore at an expanded Leonora mill.
The most recent analyst rating on (AU:GMD) stock is a Buy with a A$9.00 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 an Australian gold producer listed on the ASX, operating primarily in the Leonora and Laverton regions of Western Australia. The company focuses on open pit and underground gold mining, supported by nearby processing infrastructure, and is pursuing an “ASPIRE 400” growth strategy aimed at significantly increasing production over the medium term through organic project development, notably the Tower Hill project and mill expansions.
Average Trading Volume: 4,232,111
Technical Sentiment Signal: Buy
Current Market Cap: A$8.98B
For an in-depth examination of GMD stock, go to TipRanks’ Overview page.