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Genesis Minerals Limited

GMD.AXBasic MaterialsASX

Gold · Last scanned May 30, 2026

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Financials · Annual
Revenue
$920.1M
+109.8% YoY
Net Income
$221.2M
+163.3% YoY
EBITDA
$463.3M
+287.9% YoY
Free Cash Flow
$254.3M

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About Genesis Minerals Limited

Genesis Minerals Limited engages in the gold mining, project development and exploration activities in Western Australia. With a market capitalization of $6.69B, it sits in mid-cap territory. The company's Leonora Operations includes Admiral operations, Gwalia operations, Harbour Lights Project, Tower Hill project, and Ulysses operations.

Key stats
Market Cap$6.69B
P/E (TTM)16.74
Fwd P/E8.79
EPS$0.35
Beta1.22
52W Change+23.1%
ROE30.7%
Analysis

Genesis Minerals Limited holds $341.0M in cash against $100.8M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow comes in at $254.3M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 30.7% points to exceptionally high capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Return on assets of 21.4% further supports the picture of efficient asset utilization. Revenue has grown from $77.0M (2023) to $920.1M (2025), reflecting a 1096% increase over the period.

The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. No single metric tells the full story. Reviewing GMD.AX's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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