Australia's Genesis Minerals hits record high on upbeat quarterly production

Genesis Minerals

16/04/2025 03:16

** Shares of Genesis Minerals GMD.AX climb as much as 7.2% to a record high of A$4.340, last up 6.2%

** Gold exploration co reports quarterly gold production of 59,767 oz vs production of 30,473 oz a year ago

** Co on track to meet FY25 guidance for gold production of 190,000-210,000 oz at an all-in sustaining cost of A$2,200-A$2,400/oz

** Stock up 74.1% YTD

 (Reporting by Manasi Dasa in Bengaluru)

 ((Manasi.DasaSundeep@thomsonreuters.com;))