Genesis Minerals Boosts Production and Market Value
Company Announcements

Genesis Minerals Boosts Production and Market Value

Genesis Minerals Limited (AU:GMD) has released an update.

Genesis Minerals Limited has reported a significant increase in its market capitalization to $2.6 billion, driven by successful acquisitions and enhanced gold production at its Leonora operations. The company has restarted its Laverton mill ahead of schedule, boosting its production forecast for FY2025 to between 190,000 and 210,000 ounces of gold and setting the stage for further growth. With strategic transactions and a focus on sustainability, Genesis aims to become a mid-tier gold producer with a production target of 400,000 ounces per annum.

For further insights into AU:GMD stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskGenesis Minerals: Robust Growth in Gold Mining
TipRanks Australian Auto-Generated NewsdeskGenesis Minerals Boosts Growth with Promising Drill Results
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App