GENESIS MINERALS LIMITED (GMD)
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GMD

GMD - GENESIS MINERALS LIMITED

FNArena Sector : Gold & Silver
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0.32
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Genesis Minerals is a gold producer focused on the Leonora and Laverton districts of Western Australia.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$7.33

05 Nov
2026

0.980

OPEN

$6.95

15.43%

HIGH

$7.34

13,888,782

LOW

$6.88

TARGET
$9.138 24.7% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
GMD: 1
Title FY25
Actual
FY26
Actual
FY27
Forecast
FY28
Forecast
EPS (cps) xxx 54.7 51.7 xxx
DPS (cps) xxx 5.0 1.7 xxx
EPS Growth xxx 100.0% - 5.4% xxx
DPS Growth xxx N/A - 66.7% xxx
PE Ratio xxx N/A 13.6 xxx
Dividend Yield xxx N/A 0.2% xxx
Div Pay Ratio(%) xxx 9.1% 3.2% xxx

Dividend yield today if purchased 3 years ago: 3.26%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.71

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

$ 

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 09/09 - ex-div 5.00c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202120222023202420252026
EPS Basic xxxxxxxxxxxxxxx54.7
DPS All xxxxxxxxxxxxxxx5.0
Sales/Revenue xxxxxxxxxxxxxxx1,742.3 M
Book Value Per Share xxxxxxxxxxxxxxx177.5
Net Operating Cash Flow xxxxxxxxxxxxxxx935.2 M
Net Profit Margin xxxxxxxxxxxxxxx34.54 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202120222023202420252026
Return on Capital Employed xxxxxxxxxxxxxxx36.13 %
Return on Invested Capital xxxxxxxxxxxxxxx31.81 %
Return on Assets xxxxxxxxxxxxxxx25.66 %
Return on Equity xxxxxxxxxxxxxxx36.13 %
Return on Total Capital xxxxxxxxxxxxxxx40.91 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx658.8 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202120222023202420252026
Short-Term Debt xxxxxxxxxxxxxxx28 M
Long Term Debt xxxxxxxxxxxxxxx275 M
Total Debt xxxxxxxxxxxxxxx303 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx488 M
Price To Book Value xxxxxxxxxxxxxxx2.93

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202120222023202420252026
Capex xxxxxxxxxxxxxxx326.8 M
Capex % of Sales xxxxxxxxxxxxxxx18.76 %
Cost of Goods Sold xxxxxxxxxxxxxxx945 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx13 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx20 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Bell Potter

23/10/2026

1

Buy

$9.30

26.88%

Genesis Minerals produced 72,100 ozs of gold in the September quarter, from throughput at 2.2g/t and 92% recovery. A cash build of $147m lifted cash and equivalents to $598m.

Bell Potter found the result strong in terms of production and cash build but softer regarding revenue and costs. The revenue miss stemmed largely from timing while the step up in AISC reflects "lumpy" sustaining capital rather than higher unit costs.

Buy rating retained. Target rises to $9.30 from $9.00.

FORECAST
Bell Potter forecasts a full year FY27 dividend of 5.00 cents and EPS of 50.00 cents.
Bell Potter forecasts a full year FY28 dividend of 5.00 cents and EPS of 72.40 cents.

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

-1

xx xxxxxx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

4

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Canaccord Genuity

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Moelis

26/10/2026

1

Upgrade to Buy from Hold

$8.00

9.14%

Moelis upgrades its rating for Genesis Minerals to Buy from Hold with its target price increased to $8.00 from $7.90 following a September quarter production result featuring 72.1koz of gold alongside all-in sustaining costs of $2,966 per ounce.

Gold output marginally missed Moelis's estimate of 73.2koz, while costs exceeded expectations due to ongoing pressures in the Western Australian labour market.

Moelis adjusts earnings models to formally incorporate the anticipated Vault Minerals ((VAU)) merger, assuming an $875m cash inflow and a $500m consideration outflow, driving an 89.9% increase in FY28 net profit after tax estimates to $1,311.9m alongside a -9% reduction in the net present value per share to $7.28.

The analyst suggests the recent share price decline uncovers better valuation support, forecasting the combined balance sheet can sustain a 10c annual dividend.

Moelis identifies a $1.3bn pre-tax net present value for non-core Deflector, Mount Monger, and Sugar Zone operations, noting potential divestments could optimise the Leonora asset integration.

FORECAST
Moelis forecasts a full year FY27 dividend of 10.00 cents and EPS of 54.30 cents.
Moelis forecasts a full year FY28 dividend of 10.00 cents and EPS of 66.50 cents.

Shaw and Partners

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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GMD STOCK CHART