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Genesis Minerals Limited ( (AU:GMD) ) has provided an announcement.
Genesis Minerals Limited has received approval for Stage One of its Tower Hill mining project, aligning with its mill expansion strategy. This approval keeps the project on track for development in FY27 and first ore production in FY28, enhancing Genesis’ growth prospects and processing flexibility.
The most recent analyst rating on (AU:GMD) stock is a Hold with a A$5.40 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 gold mining and has a market focus on expanding its mining operations and resource base.
Average Trading Volume: 4,629,624
Technical Sentiment Signal: Buy
Current Market Cap: A$6.06B
Find detailed analytics on GMD stock on TipRanks’ Stock Analysis page.