Genesis Minerals Limited

GMD.ASX

Materials

Gold producer

Market Data

Price

$5.860

+0.1%

Market Cap

$6.4B

P/E Ratio

16.6x

EPS

$0.354

Div. Yield

0.00%

52-Week Change

-0.0%

Recent Announcements

16 Feb 2026 Sph Neutral

Becoming a substantial holder for MAU

MAU became a substantial holder.

16 Feb 2026 Guidance Positive

GMD bolsters production outlook with rec. offer for Magnetic

Genesis Minerals (GMD) announced a recommended $639 million acquisition of Magnetic Resources through a scheme of arrangement, offering $1.40 cash plus 0.0873 Genesis shares per Magnetic share. The deal adds Magnetic's 2.2Moz Lady Julie Gold Project to Genesis's Laverton operations, creating significant synergies with the combined entity targeting "ASPIRE 500" production levels. Key points: Acquisition adds 2.2Moz high-grade mineral resource at Lady Julie Gold Project; Strong operational performance in January 2026 with 23koz gold production and record monthly mill throughput of 292kt; Pro forma mineral resources increase to 21.0Moz with 5.2Moz ore reserves

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