Genesis Minerals Future Growth

Future criteria checks 5/6

Genesis Minerals is forecast to grow earnings and revenue by 51.7% and 28.2% per annum respectively. EPS is expected to grow by 55.4% per annum. Return on equity is forecast to be 12.5% in 3 years.

Key information

51.7%

Earnings growth rate

55.4%

EPS growth rate

Metals and Mining earnings growth	14.3%
Revenue growth rate	28.2%
Future return on equity	12.5%
Analyst coverage	Good
Last updated	21 Jun 2024

Recent future growth updates

Recent updates

Here's Why We're Not Too Worried About Genesis Minerals' (ASX:GMD) Cash Burn Situation

Mar 02

Shareholders Will Probably Not Have Any Issues With Genesis Minerals Limited's (ASX:GMD) CEO Compensation

Nov 12

We're Not Very Worried About Genesis Minerals' (ASX:GMD) Cash Burn Rate

Sep 22

A Quick Analysis On Genesis Minerals' (ASX:GMD) CEO Compensation

Feb 15

What Is The Ownership Structure Like For Genesis Minerals Limited (ASX:GMD)?

Dec 24

Earnings and Revenue Growth Forecasts

ASX:GMD - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	859	139	N/A	N/A	1
6/30/2026	807	148	15	243	6
6/30/2025	590	108	18	196	6
6/30/2024	428	50	-72	142	3
12/31/2023	249	-60	-44	44	N/A
9/30/2023	163	-86	-48	3	N/A
6/30/2023	77	-112	-53	-38	N/A
3/31/2023	60	-81	-41	-30	N/A
12/31/2022	44	-50	-29	-22	N/A
9/30/2022	22	-48	-23	-20	N/A
6/30/2022	N/A	-46	-18	-17	N/A
3/31/2022	0	-44	-22	-16	N/A
12/31/2021	0	-41	-27	-15	N/A
9/30/2021	0	-29	-26	-15	N/A
6/30/2021	0	-16	-25	-14	N/A
3/31/2021	0	-13	-18	-11	N/A
12/31/2020	0	-11	-12	-8	N/A
9/30/2020	0	-8	-10	-6	N/A
6/30/2020	0	-6	-8	-5	N/A
3/31/2020	0	-6	-8	-6	N/A
12/31/2019	0	-7	-7	-7	N/A
9/30/2019	0	-7	-7	-7	N/A
6/30/2019	0	-7	-7	-7	N/A
3/31/2019	0	-7	-7	-7	N/A
12/31/2018	0	-7	-7	-7	N/A
9/30/2018	0	-6	-5	-5	N/A
6/30/2018	0	-6	-4	-4	N/A
3/31/2018	1	-4	-1	-1	N/A
12/31/2017	2	-2	1	1	N/A
9/30/2017	7	-2	N/A	1	N/A
6/30/2017	11	-1	N/A	2	N/A
3/31/2017	10	-1	N/A	0	N/A
12/31/2016	9	-2	N/A	-2	N/A
9/30/2016	4	-2	N/A	-2	N/A
6/30/2016	0	-2	N/A	-2	N/A
3/31/2016	0	-2	N/A	-1	N/A
12/31/2015	0	-1	N/A	-1	N/A
9/30/2015	0	-1	N/A	-1	N/A
6/30/2015	0	-2	N/A	-2	N/A
3/31/2015	0	-2	N/A	-2	N/A
12/31/2014	0	-2	N/A	-2	N/A
9/30/2014	0	-2	N/A	-2	N/A
6/30/2014	0	-2	N/A	-1	N/A
3/31/2014	0	-2	N/A	-2	N/A
12/31/2013	0	-2	N/A	-2	N/A
9/30/2013	0	-3	N/A	-3	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: GMD is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).

Earnings vs Market: GMD is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: GMD is expected to become profitable in the next 3 years.

Revenue vs Market: GMD's revenue (28.2% per year) is forecast to grow faster than the Australian market (5.3% per year).

High Growth Revenue: GMD's revenue (28.2% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: GMD's Return on Equity is forecast to be low in 3 years time (12.5%).

Genesis Minerals Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Forecast breakeven date pushed back to 2025

Price target increased by 7.1% to AU$2.15

Price target increased by 17% to AU$2.10

Forecast to breakeven in 2023

Recent updates

Forecast breakeven date pushed back to 2025

Price target increased by 7.1% to AU$2.15

First half 2024 earnings released: EPS: AU$0.015 (vs AU$0.11 loss in 1H 2023)

Genesis Minerals Limited (ASX:GMD) completed the acquisition of Bruno-Lewis and Raeside gold projects in Leonora District from Kin Mining NL (ASX:KIN).

MD, CEO & Director recently sold AU$3.1m worth of stock

MD, CEO & Director exercised options to buy AU$10m worth of stock.

Independent Non-Executive Director exercised options to buy AU$646k worth of stock.

Genesis Minerals Limited (ASX:GMD) made an offer to acquire remaining 19.921697% stake in Dacian Gold Limited (ASX:DCN) for AUD60 million.

Genesis Minerals Limited (ASX:GMD) made an offer to acquire remaining 19.921697% stake in Dacian Gold Limited (ASX:DCN) for AUD60 million.

Now 21% undervalued

Genesis Minerals Limited, Annual General Meeting, Nov 27, 2023

Genesis Minerals Limited(ASX:GMD) dropped from S&P/ASX Emerging Companies Index

Price target increased by 17% to AU$2.10

New major risk - Revenue and earnings growth

New minor risk - Financial data availability

High number of new and inexperienced directors

Independent Non-Executive Director recently bought AU$200k worth of stock

Independent Non-Executive Director recently bought AU$200k worth of stock

Genesis Minerals Limited (ASX:GMD) completed the acquisition of Leonora Assets of St Barbara Limited.

New major risk - Revenue and earnings growth

Silver Lake Shelves Investor Meetings over $656 Million St Barbara Takeover

Here's Why We're Not Too Worried About Genesis Minerals' (ASX:GMD) Cash Burn Situation

High number of new and inexperienced directors

Independent Non-Executive Chair recently bought AU$94k worth of stock

St Barbara Limited (ASX:SBM) signed a scheme implementation deed to acquire Genesis Minerals Limited (ASX:GMD) for AUD 540 million.

St Barbara Limited (ASX:SBM) signed a scheme implementation deed to acquire Genesis Minerals Limited (ASX:GMD) for AUD 540 million.

Less than half of directors are independent

Companies Like Genesis Minerals (ASX:GMD) Are In A Position To Invest In Growth

Forecast to breakeven in 2023

Less than half of directors are independent

Genesis Minerals Limited, Annual General Meeting, Nov 28, 2022

Genesis Minerals Limited Announces Management Changes

Full year 2022 earnings released: AU$0.18 loss per share (vs AU$0.085 loss in FY 2021)

We Think Genesis Minerals (ASX:GMD) Needs To Drive Business Growth Carefully

Genesis Minerals Limited, Annual General Meeting, Aug 25, 2022

Genesis Minerals Limited (ASX:GMD) made a tender offer to acquire Dacian Gold Limited (ASX : DCN) from Perennial Value Management Limited and others for approximately AUD 110 million.

Genesis Minerals Limited (ASX:GMD) made a tender offer to acquire Dacian Gold Limited (ASX : DCN) for approximately AUD 110 million.

Genesis in Merger Talks with Rival St Barbara

Genesis Minerals Limited Announces Neville Power to Return from His Leave of Absence from His Role as a Non-Executive Director, Effective June 14, 2022

Genesis, St Barbara Rumours Simmer

Less than half of directors are independent

Genesis Minerals Limited Announces Executive Appointments

Here's Why We're Watching Genesis Minerals' (ASX:GMD) Cash Burn Situation

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Less than half of directors are independent

Genesis Minerals Limited Announces Executive Changes

Genesis Minerals Limited Reports Significant New Results from Ongoing Drilling Aimed at Growing the Resource Base at Its 100%-Owned 1.6Moz Ulysses Gold Project in Western Australia

MD, CEO & Director exercised options to buy AU$576k worth of stock.

Shareholders Will Probably Not Have Any Issues With Genesis Minerals Limited's (ASX:GMD) CEO Compensation

Non-Executive Director exercised options to buy AU$362k worth of stock.

Vox Provides Recent Development and Exploration Updates from Royalty Operating Partners Gold Standard Ventures, Genesis Minerals Limited, Metalicity Limited, Black Cat Syndicate Limited and Norwest Minerals Limited

Full year 2021 earnings released: AU$0.008 loss per share (vs AU$0.007 loss in FY 2020)

Non-Executive Chairman exercised options to buy AU$450k worth of stock.

Genesis Minerals Limited announced that it expects to receive AUD 16 million in funding from Northern Star Resources Limited

We're Not Very Worried About Genesis Minerals' (ASX:GMD) Cash Burn Rate

Genesis Minerals Limited Reports New Results from Ongoing Exploration Drilling At Ulysses Gold Project

Genesis Minerals Limited announced that it expects to receive AUD 10 million in funding from Alkane Resources Limited, and other investors

First half 2021 earnings released: AU$0.005 loss per share (vs AU$0.003 loss in 1H 2020)

Genesis Minerals Limited Reports New Results of Ulysses Gold Project

Genesis Minerals Limited Reports Highly Encouraging Results from Ongoing Drilling Program at Clark Deposit

A Quick Analysis On Genesis Minerals' (ASX:GMD) CEO Compensation

Genesis Minerals Limited Reports Outstanding New High-Grade Hits New Results from Ongoing In-Fill and Extensional Resource Drilling At the Orient Well Deposit

Genesis Minerals Limited Announces New High-Grade Gold Hits Confirm Strong Potential for Resource Growth

What Is The Ownership Structure Like For Genesis Minerals Limited (ASX:GMD)?

Genesis Minerals Limited (ASX:GMD) exercised its option to acquire Kookynie Gold Project from Yijun Zhu and A & C Mining Investment Pty Ltd for AUD 10.5 million.

Genesis Minerals Limited Announces Progress of Extensional Drilling Program At Ulysses Gold Project in Western Australia

Genesis Minerals Limited Announces Wide Zones of Continuous Shallow Gold Mineralisation in Maiden Drilling at Clark

Full year earnings released - AU$0.0074 loss per share

Genesis Minerals Limited announced that it expects to receive AUD 4.394416 million in funding from Alkane Resources Limited

Genesis Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 9.505679 million.

Earnings and Revenue Growth Forecasts