Genesis Minerals Limited is a gold mining and exploration company focused on operations in Western Australia, including the Leonora and Laverton regions.
Sector: Gold mining
AU_GMD
Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.
Shares: connector/market_inputs
Monetary columns are in M AUD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | RevenueM AUD | Operating profitM AUD | D&AM AUD | EBITDAM AUD | Net profitM AUD | Operating CFM AUD | Capex + M&AM AUD | AssetsM AUD | EquityM AUD | ROE (annualized) | Net debtM AUD | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | H2 2026 (6M) | OK | 922.0 y/y 58.6% | 434.1 y/y 85.7% | 95.5 y/y 40.1% | 529.6 y/y 75.4% | 363.7 y/y 125.4% | 547.8 | -152.2 | 2892.9 y/y 60.9% | 2077.6 y/y 65.7% | 33.5% | -266.8 | stockanalysis.com |
| 2025-12-31 | H1 2026 (6M) | OK | 820.3 y/y 142.2% | 343.7 y/y 312.0% | 71.7 y/y 3.8% | 415.4 y/y 172.4% | 238.0 y/y 298.1% | 387.5 | -174.6 | 2007.5 y/y 48.7% | 1513.0 y/y 39.3% | 34.4% | -252.0 | stockanalysis.com |
| 2025-06-30 | H2 2025 (6M) | OK | 581.4 y/y 161.1% | 233.8 y/y 1136.2% | 68.2 y/y 60.0% | 302.0 y/y 390.8% | 161.4 y/y 169.2% | 279.8 | -86.0 | 1797.9 y/y 48.7% | 1253.5 y/y 26.4% | 18.9% | -52.9 | Yahoo Finance |
| 2024-12-31 | H1 2025 (6M) | OK | 338.7 y/y 56.9% | 83.4 y/y 261.4% | 69.1 y/y 118.3% | 152.5 y/y 178.6% | 59.8 y/y 148.6% | 140.9 | -97.0 | 1350.0 y/y 24.3% | 1085.8 y/y 23.5% | 11.5% | -147.3 | stockanalysis.com |
| 2024-06-30 | H2 2024 (6M) | OK | 222.7 y/y — | 18.9 y/y — | 42.6 y/y — | 61.5 y/y — | 59.9 y/y — | 60.5 | -77.8 | 1209.0 y/y 18.9% | 991.4 y/y 18.3% | 9.0% | -138.9 | Yahoo Finance |
| 2023-12-31 | H1 2024 (6M) | OK | 215.9 y/y — | 23.1 y/y — | 31.7 y/y — | 54.7 y/y — | 24.1 y/y — | 75.8 | -86.7 | 1086.2 y/y — | 879.2 y/y — | 5.6% | -162.1 | stockanalysis.com |
| 2023-06-30 | FY 2023 (12M) | OK | 77.0 y/y — | -63.4 y/y — | 0.6 y/y — | -62.8 y/y — | -111.8 y/y — | -37.6 | -9.1 | 1016.5 y/y — | 838.2 y/y — | — | -178.9 | Yahoo Finance |
Quarterly values (AUD mln)
Year-over-year change
FCF (AUD mln)
Net debt / cash (AUD mln)
| year | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| cash flow / profit | — | 1.62x | 1.90x | 1.55x |
| accruals, % of assets | -7.3% | -4.3% | -11.1% | -11.5% |
Our earnings breakdowns and investment notes on this issuer.
Current 4 167spot vs LTM -4%
Target market cap from conservative EBITDA and the historical EV/EBITDA
Upside: +1.3%
Main driver: Gold -2% vs LTM; revenue ×0.96 vs costs ×1.04; EBITDA 945→676; at 12.0× EV/EBITDA → +1%.
Product prices — moves vs the LTM average
| Commodity | Share | Spot | LTM | 3-yr | vs LTM, $ | vs LTM, AUD | 3y vs LTM |
|---|---|---|---|---|---|---|---|
| Gold (rev) | +100% | 4 166.94 | 4 242.24 | 3 357.31 | -2% | -4% | -21% |
How it is calculated — revenue → costs → EBITDA → target market cap
| 1 · Reported baseline (LTM) | |
| LTM revenue | 1 742 |
| LTM EBITDA | 945 |
| LTM cash costs (revenue − EBITDA) | 797 |
| 2 · Revenue projection | |
| Revenue multiplier — spot | ×0.957 (-4%) |
| = Spot revenue | 1 667 |
| Revenue multiplier — 3y price | ×0.771 (-23%) |
| = 3-year-price revenue | 1 343 |
| 3 · Costs projection | |
| Cost multiplier — spot | ×1.040 (+4%) |
| = Spot cash costs | 829 |
| Cost multiplier — 3y price | ×1.040 (+4%) |
| = 3-year-price cash costs | 829 |
| 4 · EBITDA projection (revenue − costs) | |
| = Spot EBITDA | 838 |
| = 3-year-price EBITDA | 514 |
| Conservative EBITDA = min(spot, avg) | 676 |
| 5 · Valuation → target market cap | |
| Historical EV/projected-EBITDA (75th pct) | 12.0x |
| Target EV = EV/EBITDA × conservative EBITDA | 8 114 |
| Net debt | -267 |
| Target market cap = EV − net debt | 8 381 |
| Current market cap | 8 272 |
Upside = target market cap ÷ current − 1 = +1.3%
Spot model vs reported — what the spot model projected (trailing-LTM base brought to the period × the period's commodity-price move) against the actual report, per reported period (quarter, half-year or full year — per the filer's calendar); amounts in USD mln. green = reported above projection, pink = below.
| Period | Act. rev | Model rev | Δ rev | Act. EBITDA | Model EBITDA | Δ EBITDA |
|---|---|---|---|---|---|---|
| 2024 FY | 439 | 87 | +401.6% | 119 | -58 | — |
| 2025 FY | 920 | 594 | +54.8% | 463 | 263 | +76.5% |
| 2026 FY | 1 742 | 1 384 | +25.9% | 945 | 909 | +4.0% |
Projected EV/EBITDA 9.2x · target 75th pct (3y) 28.6x · LTM avg 16.9x
Group: Gold mining. Each peer is shown as it trades and re-priced onto this company's market (Australia) by the ratio of our coverage medians.
| Company | Market | Cap, $bn | EV/EBITDA | EV/EBITDA, adjusted |
|---|---|---|---|---|
| Kinross Gold | global | 28.9 | 4.9x | 5.1x |
| Barrick Mining Corporation | global | 67.4 | 5.2x | 5.4x |
| Harmony Gold | South Africa | 10.8 | 3.8x | 6.2x |
| Gold Fields | South Africa | 31.6 | 4.4x | 7.2x |
| Coeur Mining | global | 11.3 | 7.0x | 7.3x |
| Newmont Corporation | global | 125.8 | 7.6x | 7.9x |
| Northern Star Resources | Australia | 23.6 | 8.1x | 8.1x |
| Evolution Mining | Australia | 18.3 | 8.4x | 8.4x |
| Agnico Eagle Mines | global | 92.2 | 8.7x | 9.1x |
| Alamos Gold | global | 13.7 | 9.0x | 9.4x |
| AngloGold Ashanti | South Africa | 47.9 | 6.3x | 10.2x |
| Hecla Mining Company | global | 11.5 | 12.0x | 12.5x |
| Group median | 7.3x | 8.0x | ||
| Group average | 7.1x | 8.0x | ||
| This company | Australia | 5.8 | 8.5x | 8.5x |
Group median 7.3x as traded, 8.0x adjusted; this company 8.5x — a 7% premium.
Group average 7.1x as traded, 8.0x adjusted; against the average this company is at a 6% premium.
At the adjusted group median the market cap would be -6% versus today.
The gap and the implied upside are measured against the median: one richly priced peer moves an average, not a median. The market adjustment uses our coverage medians (US 22.8x, Russia 3.9x, South Africa 5.1x, Kazakhstan 6.6x, India 18.2x, Indonesia 4.8x); it is about where a name is listed, not what it does. Peer multiples come from the nightly rebuild of 2026-10-05; the company's own is live.
| Date | Per share | Details | Status | Source |
|---|---|---|---|---|
| 2026-09-09 | 0.05 AUD | Ex-dividend: 0.05 AUD per share | Paid | Yahoo Finance (ex-div) |
KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)
Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of Genesis Minerals (GMD) — from primary filings.
See also: Australian Stocks (2026): Iron Ore, Lithium, Gold and LNG on the ASX by Valuation · Gold Mining Stocks: The Cheapest Gold Miners by Valuation (2026) · The Cheapest Stocks in the World (2026): What Value Investing Says About Buying Cheap · global valuation map