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Genesis Minerals Limited ( (AU:GMD) ) has issued an update.
Genesis Minerals Limited reported a significant financial performance for the half-year ending 31 December 2024, with a 57% increase in revenue from ordinary activities to $338.7 million and a 161% rise in profit after tax to $59.8 million. Despite these strong results, the company did not declare any dividends. Genesis also sold its 100% interest in Metallo Resources Ltd and Admiral Gold Pty Ltd, indicating a strategic refocus on core operations.
More about Genesis Minerals Limited
Genesis Minerals Limited operates in the mining industry, focusing primarily on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange under the ticker GMD.
YTD Price Performance: 29.15%
Average Trading Volume: 2,945,700
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$3.6B
See more data about GMD stock on TipRanks’ Stock Analysis page.
