Genesis Minerals Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Raleigh Finlayson

Chief executive officer

AU$2.5m

Total compensation

CEO salary percentage	32.1%
CEO tenure	3yrs
CEO ownership	2.3%
Management average tenure	2.4yrs
Board average tenure	2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Raleigh Finlayson's remuneration changed compared to Genesis Minerals's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$3m	AU$813k	AU$84m
Mar 31 2024	n/a	n/a	AU$12m
Dec 31 2023	n/a	n/a	-AU$60m
Sep 30 2023	n/a	n/a	-AU$86m
Jun 30 2023	AU$5m	AU$273k	-AU$112m
Mar 31 2023	n/a	n/a	-AU$81m
Dec 31 2022	n/a	n/a	-AU$50m
Sep 30 2022	n/a	n/a	-AU$48m
Jun 30 2022	AU$24m	AU$126k	-AU$46m

Compensation vs Market: Raleigh's total compensation ($USD1.58M) is about average for companies of similar size in the Australian market ($USD1.40M).

Compensation vs Earnings: Raleigh's compensation has been consistent with company performance over the past year.

CEO

Raleigh Finlayson (45 yo)

3yrs

Tenure

AU$2,528,455

Compensation

Mr. Raleigh John Finlayson, AdMineSurvey, BSc (Mine & Eng Surveying), GradDipMinEng, GradCertAppFin, serves as Managing Director, Chief Executive Officer & Director at Genesis Minerals Limited since Februa...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Raleigh Finlayson	MD, CEO & Director	3yrs	AU$2.53m	2.32% A$ 86.8m
Morgan Ball	Chief Financial Officer	no data	AU$2.68m	0.24% A$ 8.9m
Matthew Nixon	Chief Operating Officer	less than a year	AU$1.24m	no data
William Irvin	Corporate Development Officer	2.8yrs	AU$2.07m	0.23% A$ 8.6m
Lee Stephens	General Manager of Laverton Operations	no data	AU$1.70m	0.12% A$ 4.5m
Joanne Steer	Head of Legal & Company Secretary	1yr	no data	no data
Kellie Randell	General Manager of People & Culture	no data	no data	no data
Dale Richards	Chief Geologist	2.4yrs	no data	no data
Zane Randell	General Manager of Health	no data	no data	no data

2.4yrs

Average Tenure

52yo

Average Age

Experienced Management: GMD's management team is considered experienced (2.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Raleigh Finlayson	MD, CEO & Director	3yrs	AU$2.53m	2.32% A$ 86.8m
Michael Bowen	Independent Non-Executive Director	3.3yrs	AU$116.25k	0.12% A$ 4.6m
Anthony Kiernan	Independent Non-Executive Chair	2.3yrs	AU$170.00k	0.025% A$ 923.9k
Michael Wilkes	Independent Non-Executive Director	2.3yrs	AU$116.25k	0.016% A$ 583.9k
Gerard Kaczmarek	Independent Non-Executive Director	6.9yrs	AU$142.15k	0.050% A$ 1.9m
Jacqueline Murray	Independent Non-Executive Director	1.6yrs	AU$107.43k	no data
Karen Lloyd	Independent Non Executive Director	less than a year	AU$28.75k	no data

2.3yrs

Average Tenure

64.5yo

Average Age

Experienced Board: GMD's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/06 06:37
End of Day Share Price	2025/02/06 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Genesis Minerals Limited is covered by 10 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Bradley Watson	Bell Potter
Tim McCormack	Canaccord Genuity
Citi Research	Citigroup Inc

Genesis Minerals Management

Management criteria checks 3/4

Key information

Recent management updates

High number of new directors

High number of new directors

Genesis Minerals Limited, Annual General Meeting, Nov 14, 2024

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

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

High number of new and inexperienced directors

Recent updates

High number of new directors

High number of new directors

Labyrinth Resources Limited (ASX:LRL) agreed to acquire Admiral Gold Limited from Genesis Minerals Limited (ASX:GMD).

Labyrinth Resources Limited (ASX:LRL) signed a letter of intent to acquire Admiral Gold Limited from Genesis Minerals Limited (ASX:GMD).

Investor sentiment improves as stock rises 19%

Genesis Minerals Limited, Annual General Meeting, Nov 14, 2024

Full year 2024 earnings released: EPS: AU$0.077 (vs AU$0.30 loss in FY 2023)

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.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure