Genesis Minerals Posts Higher Fiscal 2025 Earnings, Revenue

MT Newswires Live
Aug 21

Genesis Minerals (ASX:GMD) reported Thursday fiscal 2025 earnings of AU$0.1958 per share, up from AU$0.0873 a year earlier.

Analysts polled by FactSet expected earnings of AU$0.20.

Revenue for the 12 months ended June 30 was AU$920.1 million, compared with AU$438.6 million a year earlier. Analysts surveyed by FactSet expected AU$906.8 million.

The company expects to produce between 260,000 and 290,000 ounces in fiscal 2026 at an all-in sustaining cost of AU$2,500 to AU$2,700 per ounce, with planned growth capital of AU$150 million to AU$170 million and exploration spending of AU$40 million to AU$50 million.

The company's shares fell 3% in recent Thursday trade.

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