Genesis Minerals (CHIA:GMD) - Stock Price, News & Analysis

GMD Stock Overview

Engages in the exploration and development of gold deposits in Western Australia.

GMD fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	5/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 83.2% below our estimate of its fair value

Earnings are forecast to grow 51.02% per year

Risk Analysis

Shareholders have been diluted in the past year

Genesis Minerals Limited Competitors

Bellevue Gold

ASX:BGL

AU$2.1b

Emerald Resources

ASX:EMR

AU$2.5b

Capricorn Metals

ASX:CMM

AU$2.0b

Red 5

ASX:RED

AU$2.7b

Price History & Performance

Summary of all time highs, changes and price drops for Genesis Minerals
Historical stock prices
Current Share Price	AU$2.12
52 Week High	AU$2.23
52 Week Low	AU$1.30
Beta	0.93
11 Month Change	12.17%
3 Month Change	19.44%
1 Year Change	46.71%
33 Year Change	198.59%
5 Year Change	505.71%
Change since IPO	909.57%

Recent updates

Shareholder Returns

	GMD	AU Metals and Mining	AU Market
7D	-0.9%	-4.6%	-1.2%
1Y	46.7%	-8.9%	8.6%

Return vs Industry: GMD exceeded the Australian Metals and Mining industry which returned -8.9% over the past year.

Return vs Market: GMD exceeded the Australian Market which returned 8.6% over the past year.

Price Volatility

Is GMD's price volatile compared to industry and market?
GMD volatility
GMD Average Weekly Movement	6.3%
Metals and Mining Industry Average Movement	11.3%
Market Average Movement	8.2%
10% most volatile stocks in AU Market	16.3%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: GMD has not had significant price volatility in the past 3 months.

Volatility Over Time: GMD's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2007	n/a	Raleigh Finlayson	www.genesisminerals.com.au

Genesis Minerals Limited engages in the exploration and development of gold deposits in Western Australia. It owns 100% interests in the Leonora Gold project located to the north of Kalgoorlie; 65% interest in the Barimaia Gold project located in the Murchison district of Western Australia; and St Barbara’s Leonora assets comprising Gwalia underground mine and Leonora mill, as well as Tower Hill, Zoroastrian, Aphrodite, and Harbour Lights projects. The company was incorporated in 2007 and is based in Perth, Australia.

Genesis Minerals Limited Fundamentals Summary

How do Genesis Minerals's earnings and revenue compare to its market cap?
GMD fundamental statistics
Market cap	AU$2.38b
Earnings (TTM)	-AU$59.91m
Revenue (TTM)	AU$249.01m

9.6x

P/S Ratio

-39.7x

P/E Ratio

Is GMD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GMD income statement (TTM)
Revenue	AU$249.01m
Cost of Revenue	AU$224.33m
Gross Profit	AU$24.68m
Other Expenses	AU$84.60m
Earnings	-AU$59.91m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.053
Gross Margin	9.91%
Net Profit Margin	-24.06%
Debt/Equity Ratio	3.2%

How did GMD perform over the long term?

See historical performance and comparison

GMD Stock Overview

Rewards

Risk Analysis

Genesis Minerals Limited Competitors

ASX:BGL

AU$2.1b

ASX:EMR

AU$2.5b

ASX:CMM

AU$2.0b

ASX:RED

AU$2.7b

Price History & Performance

Recent News & Updates

Ordell Minerals Limited (ASX:ORD) acquired Metallo Resources Pty Limited from Genesis Minerals Limited .

Ordell Minerals Limited (ASX:ORD) agreed to acquire Metallo Resources Pty Limited from Genesis Minerals Limited.

Forecast breakeven date pushed back to 2025

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

Recent updates

Ordell Minerals Limited (ASX:ORD) acquired Metallo Resources Pty Limited from Genesis Minerals Limited .

Ordell Minerals Limited (ASX:ORD) agreed to acquire Metallo Resources Pty Limited from Genesis Minerals Limited.

Forecast breakeven date pushed back to 2025

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

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

New major risk - Revenue and earnings growth

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

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

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)

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

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

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)

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

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

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

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.

Shareholder Returns

Price Volatility

About the Company