OREMAVEN
XMM 7,722.00 -2.63% YTD +5.6% OM ASX 450.55 -2.56% YTD +0.1% OM PRECIOUS 349.20 -2.24% YTD +2.5% OM EX-PREC 418.91 -2.72% YTD -1.1% XAU 4,115.59 +2.31% YTD -4.9% GLD 375.49 +0.81% YTD -5.2% GDX 85.75 +1.37% YTD -0.0% SIL 77.33 -1.00% YTD -7.3% COPX 70.23 -5.81% YTD -1.8% URNM 40.07 -2.79% YTD -27.0%
2026-11-06
◂ Monitor GMD ASX

GENESIS MINERALS LIMITED

Producer · Gold · Australia Rating locked: sign in to view v8 · gmd-20261024t174056-full
Last 2026-11-06
A$7.04
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$8.3B
EV
A$8.1B
Cash
A$488.3M
Debt
A$200M
3 newer ASX announcements not yet reflected in this valuation

Narrative and provenance

Research & Sources

AI Analyst Report

The full analyst report, its figures and the broker-style PDF are available to subscribers and invited guests.

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Chronological evidenceSource-document inventory26 documents
GMD ASX ordinary local closing price 13 October 2026Market Data · HighExtracted

Latest eligible local market data provider via miners.collect_stock_prices observation; cutoff quote, not a 24 October live quote.

Document ID
doc-gmd-2026-10-13-price
Published UTC
2026-10-13T05:00:00+00:00
Projects
—
Commodities
—
Open original source ↗
Notice of Annual General Meeting/Proxy FormGovernance · MediumPartial

Current AGM resolutions confirm incoming Vault directors remain conditional; meeting date and capital approvals reviewed.

Document ID
doc-gmd-2026-10-09-agm
Published UTC
2026-10-09T02:19:59+00:00
Projects
—
Commodities
gold
Open original source ↗
Application for quotation of securities - GMDCorporate Action · HighPartial

Latest Appendix 2A provides post-conversion ordinary shares and outstanding rights by class.

Document ID
doc-gmd-2026-10-08-capital
Published UTC
2026-10-08T03:10:50+00:00
Projects
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Commodities
gold
Open original source ↗
Notification of cessation of securities - GMDOther · MediumPartial

Local evidence inventoried and selected native pages reviewed for historical context; current audited annual report and latest quarterly report supersede older financial and operating snapshots. No unseen image page supplies a valuation fact.

Document ID
doc-gmd-2026-10-08-6a1348283
Published UTC
2026-10-08T02:46:45+00:00
Projects
—
Commodities
gold
Open original source ↗
Vault Scheme Booklet registered with ASICOther · HighPartial

Primary source independently read for conditional merger economics or gold benchmark; copied without any former analyst model.

Document ID
doc-gmd-vau-2026-10-06-scheme
Published UTC
2026-10-06T08:54:42+00:00
Projects
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Commodities
gold
Open original source ↗
Vault Court Approves Scheme MeetingOther · HighPartial

Primary source independently read for conditional merger economics or gold benchmark; copied without any former analyst model.

Document ID
doc-gmd-vau-2026-10-05-court
Published UTC
2026-10-05T05:06:11.000+00:00
Projects
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Commodities
gold
Open original source ↗
Resources and Energy Quarterly September 2026Other · HighPartial

Primary source independently read for conditional merger economics or gold benchmark; copied without any former analyst model. Publication date is verified; intraday release time unavailable. Recorded date-only ordering time is an explicit convention, not observed publication timing; no price-chart reaction is attributed.

Document ID
doc-gmd-2026-10-02-req
Published UTC
2026-10-02T00:00:00+00:00
Projects
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Commodities
gold
Open original source ↗
Vault June 2026 Resources and ReservesOther · HighPartial

Primary source independently read for conditional merger economics or gold benchmark; copied without any former analyst model.

Document ID
doc-gmd-vau-2026-09-03-resources
Published UTC
2026-09-02T22:16:08.000+00:00
Projects
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Commodities
gold
Open original source ↗
Annual Report to shareholdersResults · HighPartial

Audited FY26 operations, ownership, accounts, tax, obligations and capital allocation; selected physical pages independently read in the fresh run.

Document ID
doc-gmd-2026-08-20-annual
Published UTC
2026-08-20T05:00:28+00:00
Projects
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Commodities
gold
Open original source ↗
EBITDA more than doubles to A$952m on strong marginsResults · HighPartial

FY26 operating and financial results, dividend, tax catch-up, expired ore purchase agreements and updated merger outlook reviewed.

Document ID
doc-gmd-2026-08-20-results
Published UTC
2026-08-20T04:57:08+00:00
Projects
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Commodities
gold
Open original source ↗
Appendix 4EOther · MediumPartial

Local evidence inventoried and selected native pages reviewed for historical context; current audited annual report and latest quarterly report supersede older financial and operating snapshots. No unseen image page supplies a valuation fact.

Document ID
doc-gmd-2026-08-20-6a1339478
Published UTC
2026-08-20T04:56:23+00:00
Projects
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Commodities
gold
Open original source ↗
Vault FY26 Financial Results SummaryOther · HighPartial

Primary source independently read for conditional merger economics or gold benchmark; copied without any former analyst model.

Document ID
doc-gmd-vau-2026-08-20-results
Published UTC
2026-08-20T05:29:53+00:00
Projects
—
Commodities
gold
Open original source ↗
Vault FY26 Annual Financial StatementsResults · HighPartial

Primary source independently read for conditional merger economics or gold benchmark; copied without any former analyst model.

Document ID
doc-gmd-vau-2026-08-20-accounts
Published UTC
2026-08-20T05:27:48+00:00
Projects
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Commodities
gold
Open original source ↗
Vault June 2026 Quarterly ActivitiesResults · HighPartial

Primary source independently read for conditional merger economics or gold benchmark; copied without any former analyst model.

Document ID
doc-gmd-vau-2026-07-29-quarter
Published UTC
2026-07-28T22:16:59+00:00
Projects
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Commodities
gold
Open original source ↗
Quarterly Activities Report - June 2026Operations · HighPartial

Latest operating quarter: reported production and costs, hub physical performance, FY27 guidance, growth projects, stockpiles and finite hedge terms reviewed.

Document ID
doc-gmd-2026-07-28-quarter
Published UTC
2026-07-27T22:25:09+00:00
Projects
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Commodities
gold
Open original source ↗
Presentation - Genesis and Vault to MergePresentation · MediumPartial

Local evidence inventoried and selected native pages reviewed for historical context; current audited annual report and latest quarterly report supersede older financial and operating snapshots. No unseen image page supplies a valuation fact.

Document ID
doc-gmd-2026-07-14-6a1333734
Published UTC
2026-07-13T22:45:45+00:00
Projects
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Commodities
gold
Open original source ↗
Genesis & Vault agree to merge, creating a new gold majorTransaction · HighPartial

Announcement terms and conditional nature of the proposed Vault merger reviewed; appended scheme deed not exhaustively reviewed. No Vault asset is recorded as currently owned.

Document ID
doc-gmd-2026-07-14-merger
Published UTC
2026-07-13T22:45:35+00:00
Projects
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Commodities
gold
Open original source ↗
Resources total 18.9Moz, including 4.4Moz in ReservesResource Update · HighPartial

Core resource and reserve tables, rounded physical quantities and technical summaries reviewed; full 407-page JORC appendices are outside the selected-page scope.

Document ID
doc-gmd-2026-05-05-resources
Published UTC
2026-05-04T23:12:57+00:00
Projects
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Commodities
gold
Open original source ↗
Quarterly Activities Report - March 2026Operations · MediumPartial

Local evidence inventoried and selected native pages reviewed for historical context; current audited annual report and latest quarterly report supersede older financial and operating snapshots. No unseen image page supplies a valuation fact.

Document ID
doc-gmd-2026-04-16-6a1320629
Published UTC
2026-04-15T22:17:03+00:00
Projects
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Commodities
gold
Open original source ↗
FY26 Half Year Report SummaryResults · MediumPartial

Local evidence inventoried and selected native pages reviewed for historical context; current audited annual report and latest quarterly report supersede older financial and operating snapshots. No unseen image page supplies a valuation fact.

Document ID
doc-gmd-2026-02-19-6a1312702
Published UTC
2026-02-18T21:09:56+00:00
Projects
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Commodities
gold
Open original source ↗
Half Year Report for Period Ended 31 Dec 2025Results · MediumPartial

Local evidence inventoried and selected native pages reviewed for historical context; current audited annual report and latest quarterly report supersede older financial and operating snapshots. No unseen image page supplies a valuation fact.

Document ID
doc-gmd-2026-02-19-6a1312704
Published UTC
2026-02-18T21:09:46+00:00
Projects
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Commodities
gold
Open original source ↗
Quarterly Activities Report - December 2025Operations · MediumPartial

Local evidence inventoried and selected native pages reviewed for historical context; current audited annual report and latest quarterly report supersede older financial and operating snapshots. No unseen image page supplies a valuation fact.

Document ID
doc-gmd-2026-01-29-6a1308998
Published UTC
2026-01-28T22:19:56+00:00
Projects
—
Commodities
gold
Open original source ↗
Quarterly Activities Report - September 2025Operations · MediumPartial

Local evidence inventoried and selected native pages reviewed for historical context; current audited annual report and latest quarterly report supersede older financial and operating snapshots. No unseen image page supplies a valuation fact.

Document ID
doc-gmd-2025-10-16-6a1290609
Published UTC
2025-10-15T22:19:51+00:00
Projects
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Commodities
gold
Open original source ↗
FY2025 Annual ReportResults · MediumPartial

Local evidence inventoried and selected native pages reviewed for historical context; current audited annual report and latest quarterly report supersede older financial and operating snapshots. No unseen image page supplies a valuation fact.

Document ID
doc-gmd-2025-08-21-6a1279299
Published UTC
2025-08-20T22:07:25+00:00
Projects
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Commodities
gold
Open original source ↗
Abundant cashflow & plus4Moz Reserve sets up GMD for growthOther · MediumPartial

Local evidence inventoried and selected native pages reviewed for historical context; current audited annual report and latest quarterly report supersede older financial and operating snapshots. No unseen image page supplies a valuation fact.

Document ID
doc-gmd-2025-08-21-6a1279295
Published UTC
2025-08-20T22:07:15+00:00
Projects
—
Commodities
gold
Open original source ↗
Appendix 4EOther · MediumPartial

Local evidence inventoried and selected native pages reviewed for historical context; current audited annual report and latest quarterly report supersede older financial and operating snapshots. No unseen image page supplies a valuation fact.

Document ID
doc-gmd-2025-08-21-6a1279297
Published UTC
2025-08-20T22:07:05+00:00
Projects
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Commodities
gold
Open original source ↗
Evidence facts92
gmd-group-cash-2026-06-30-3cash

488335000 AUD

2026-06-30
gmd-group-debt-2026-06-30-4debt

200000000 AUD

2026-06-30
gmd-group-lease_liabilities-2026-06-30-5lease liabilities

102843000 AUD

2026-06-30
gmd-group-undrawn_facilities-2026-06-30-6undrawn facilities

100000000 AUD

2026-06-30
gmd-group-book_equity-2026-06-30-7book equity

2077627000 AUD

2026-06-30
gmd-group-revenue-2026-06-30-8revenue

1742346000 AUD

2026-06-30
gmd-group-npat-2026-06-30-9npat

601763000 AUD

2026-06-30
gmd-group-operating_cash_flow-2026-06-30-11operating cash flow

935247000 AUD

2026-06-30
gmd-group-capex-2026-06-30-12capex

326793000 AUD

2026-06-30
gmd-leonora-ownership_pct-2026-06-30-13ownership pct

100 %

2026-06-30
gmd-leonora-commodity-2026-06-30-15commodity

gold text

2026-06-30
gmd-laverton-ownership_pct-2026-06-30-16ownership pct

100 %

2026-06-30
gmd-laverton-commodity-2026-06-30-18commodity

gold text

2026-06-30
gmd-bardoc-ownership_pct-2026-06-30-19ownership pct

100 %

2026-06-30
gmd-bardoc-commodity-2026-06-30-21commodity

gold text

2026-06-30
gmd-magnetic-ownership_pct-2026-06-30-22ownership pct

100 %

2026-06-30
gmd-magnetic-commodity-2026-06-30-24commodity

gold text

2026-06-30
gmd-leonora-mill-ownership_pct-2026-06-30-25ownership pct

100 %

2026-06-30
gmd-leonora-mill-commodity-2026-06-30-27commodity

gold text

2026-06-30
gmd-laverton-mill-ownership_pct-2026-06-30-28ownership pct

100 %

2026-06-30
gmd-laverton-mill-commodity-2026-06-30-30commodity

gold text

2026-06-30
gmd-leonora-resource_tonnes-2025-12-31-31resource tonnes

110000000 t

2025-12-31
gmd-leonora-resource_grade-2025-12-31-32resource grade

2.7 g/t

2025-12-31
gmd-leonora-resource_contained-2025-12-31-33resource contained

9600000 oz

2025-12-31
gmd-leonora-resource_mi_pct-2025-12-31-34resource mi pct

81.60416666666667 %

2025-12-31
gmd-leonora-mining_method-2025-12-31-35mining method

Open pit and underground text

2025-12-31
gmd-laverton-resource_tonnes-2025-12-31-36resource tonnes

120000000 t

2025-12-31
gmd-laverton-resource_grade-2025-12-31-37resource grade

1.6 g/t

2025-12-31
gmd-laverton-resource_contained-2025-12-31-38resource contained

6400000 oz

2025-12-31
gmd-laverton-resource_mi_pct-2025-12-31-39resource mi pct

57.8125 %

2025-12-31
gmd-laverton-mining_method-2025-12-31-40mining method

Open pit and underground text

2025-12-31
gmd-bardoc-resource_tonnes-2025-12-31-41resource tonnes

50000000 t

2025-12-31
gmd-bardoc-resource_grade-2025-12-31-42resource grade

1.8 g/t

2025-12-31
gmd-bardoc-resource_contained-2025-12-31-43resource contained

2900000 oz

2025-12-31
gmd-bardoc-resource_mi_pct-2025-12-31-44resource mi pct

62.44827586206897 %

2025-12-31
gmd-bardoc-mining_method-2025-12-31-45mining method

Open pit and underground text

2025-12-31
gmd-magnetic-resource_tonnes-2025-12-31-46resource tonnes

44000000 t

None
gmd-magnetic-resource_grade-2025-12-31-47resource grade

1.7 g/t

None
gmd-magnetic-resource_contained-2025-12-31-48resource contained

2400000 oz

None
gmd-magnetic-resource_mi_pct-2025-12-31-49resource mi pct

75.0 %

None
gmd-magnetic-mining_method-2025-12-31-50mining method

Open pit and underground text

2025-12-31
gmd-leonora-reserve_tonnes-2025-12-31-51reserve tonnes

34000000 t

2025-12-31
gmd-leonora-reserve_contained-2025-12-31-52reserve contained

2900000 oz

2025-12-31
gmd-leonora-reserve_grade-2025-12-31-53reserve grade

2.6 g/t

2025-12-31
gmd-laverton-reserve_tonnes-2025-12-31-54reserve tonnes

39000000 t

2025-12-31
gmd-laverton-reserve_contained-2025-12-31-55reserve contained

1400000 oz

2025-12-31
gmd-laverton-reserve_grade-2025-12-31-56reserve grade

1.1165350646153844 g/t

2025-12-31
gmd-bardoc-reserve_tonnes-2025-12-31-57reserve tonnes

790000 t

2025-12-31
gmd-bardoc-reserve_contained-2025-12-31-58reserve contained

97000 oz

2025-12-31
gmd-bardoc-reserve_grade-2025-12-31-59reserve grade

3.8 g/t

2025-12-31
gmd-magnetic-reserve_tonnes-2025-12-31-60reserve tonnes

18000000 t

None
gmd-magnetic-reserve_contained-2025-12-31-61reserve contained

1000000 oz

None
gmd-magnetic-reserve_grade-2025-12-31-62reserve grade

1.7 g/t

None
gmd-leonora-mill-product_spec-2026-06-30-83product spec

Gold bullion text

2026-06-30
gmd-laverton-mill-product_spec-2026-06-30-88product spec

Gold bullion text

2026-06-30
gmd-group-ebitda-2026-06-30-10ebitda

952400000 AUD

2026-06-30
gmd-leonora-mill-feed_source-2026-06-30-81feed source

Wholly owned hub mining inventory; third-party OPAs finished March 2026 text

2026-06-30
gmd-laverton-mill-feed_source-2026-06-30-86feed source

Wholly owned hub mining inventory; third-party OPAs finished March 2026 text

2026-06-30
gmd-historical-opa-outputFY26 third-party recovered gold

38367 oz

2026-06-30
gmd-historical-opa-costHistorical ore purchase cost

139100000 AUD

2026-06-30
gmd-leonora-country-2026-06-30-14country

AU text

2026-06-30
gmd-laverton-country-2026-06-30-17country

AU text

2026-06-30
gmd-bardoc-country-2026-06-30-20country

AU text

2026-06-30
gmd-magnetic-country-2026-06-30-23country

AU text

2026-06-30
gmd-leonora-mill-country-2026-06-30-26country

AU text

2026-06-30
gmd-laverton-mill-country-2026-06-30-29country

AU text

2026-06-30
gmd-leonora-production_quarter-2025-09-30-63production quarter

43000 oz

2025-09-30
gmd-laverton-production_quarter-2025-09-30-64production quarter

30000 oz

2025-09-30
gmd-leonora-production_quarter-2025-12-31-65production quarter

43000 oz

2025-12-31
gmd-laverton-production_quarter-2025-12-31-66production quarter

31000 oz

2025-12-31
gmd-leonora-production_quarter-2026-03-31-67production quarter

43000 oz

2026-03-31
gmd-laverton-production_quarter-2026-03-31-68production quarter

25000 oz

2026-03-31
gmd-leonora-production_quarter-2026-06-30-69production quarter

46000 oz

2026-06-30
gmd-leonora-production_fy-2026-06-30-70production fy

175000 oz

2026-06-30
gmd-leonora-throughput-2026-06-30-71throughput

354000 t

2026-06-30
gmd-leonora-head_grade-2026-06-30-72head grade

4.4 g/t

2026-06-30
gmd-leonora-recovery_pct-2026-06-30-73recovery pct

92.4 %

2026-06-30
gmd-laverton-production_quarter-2026-06-30-74production quarter

25000 oz

2026-06-30
gmd-laverton-production_fy-2026-06-30-75production fy

111000 oz

2026-06-30
gmd-laverton-throughput-2026-06-30-76throughput

761000 t

2026-06-30
gmd-laverton-head_grade-2026-06-30-77head grade

1.1 g/t

2026-06-30
gmd-laverton-recovery_pct-2026-06-30-78recovery pct

92.8 %

2026-06-30
gmd-leonora-mill-throughput-2026-06-30-80throughput

354000 t

2026-06-30
gmd-laverton-mill-throughput-2026-06-30-85throughput

761000 t

2026-06-30
gmd-historical-collar-volumeHistorical remaining September collar volume

4500 oz

2026-06-30
gmd-historical-collar-floorHistorical collar floor

3500 AUD/oz

2026-06-30
gmd-historical-collar-capHistorical collar cap

4235 AUD/oz

2026-06-30
gmd-group-shares_basic-2026-10-08-1shares basic

1175051898 shares

2026-10-08
gmd-group-shares_fully_diluted-2026-10-08-2shares fully diluted

1198635328 shares

2026-10-08
gmd-leonora-mill-nameplate_capacity-2026-06-30-79nameplate capacity

1400000 tpa

2026-07-14
gmd-laverton-mill-nameplate_capacity-2026-06-30-84nameplate capacity

3000000 tpa

2026-07-14
gmd-close-20261013ASX GMD ordinary raw close

7.39 AUD/share

2026-10-13
Conflicts requiring judgment4
  • June cash versus cash, bullion and investments

    Use audited cash A$488.335m for cash identity. A$520.1m quarterly headline includes marked bullion and listed investments; those are separate interests, not extra cash. Audited investments and bullion carrying values used in equity bridge.

  • Capital chronology and share classes

    Oct8 Appendix2A post-conversion total supersedes June basic/rights and earlier same-day cessation. Fully diluted shares sum outstanding rights once; proposed Vault shares excluded until implementation.

  • Laverton rounded reserve grade versus contained ounces

    Both sources report 39Mt,1.2g/t,1.4Moz; source ledger preserves printed table. Comparable implied grade1.116535g/t is calculated from disclosed tonnes and ounces, explicitly labelled derived, to avoid a false physical tie.

  • Long-term plan timing

    Old September2026 standalone update superseded by Aug20 first-half2027 combined review conditional on Vault completion. No false overdue current schedule retained.