Australia's Genesis Minerals hits all-time peak on record gold production

Genesis Minerals

16/10/2025 01:08

** Shares of Australia's Genesis Minerals GMD.AX rise as much as 7.2% to an all-time high of A$6.97

** Genesis stock is among top gainers in the benchmark S&P/ASX 200 index .AXJO, that is up 0.2%

** The gold explorer posts record September-quarter gold production of 72,878oz

** Co generates an unaudited statutory NPAT between A$105 million and A$115 million ($68.31 million and $74.83 million)

** Genesis Minerals report quarterly gold sales of 75,136oz at an average sale, generating sales revenue of A$386.7 million

** GMD stock up 177.3%, YTD

($1 = 1.5370 Australian dollars)

 (Reporting by Keshav Singh Chundawat in Bengaluru)

 ((Keshav.singhchundawat@thomsonreuters.com))