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Fast-growing Australian gold miner consolidating and operating mines around Leonora, Western Australia, including the historic Gwalia mine.
Fast-growing Australian gold miner consolidating and operating mines around Leonora, Western Australia, including the historic Gwalia mine.
In one line: A junior-to-mid-tier Australian gold growth story.
Moat: narrow (installed base, scale). Consolidated a regional cluster of gold deposits around shared processing infrastructure, lowering per-ounce costs.
Headquarters: Perth, Australia · Founded: 2012 · Employees: 2,413
Size Genesis Minerals (GMD.AX) is an Australia Materials company (Precious Metals) with a market value of $5.73B, the 62nd largest of 316 Australia companies the cockpit tracks. Shares closed at A$7.04 on 6 Nov 2026.
Performance Over six months the shares gained 6.0%, against +0.4% for the median peer and +4.1% for the Australia market (cap-weighted) — 9th highest of 21 in its peer set.
Growth Revenue grew 89.4% over the last twelve months (peer median +55.9%); the operating margin is 45.0% (peer median 45.4%).
Valuation It trades at 15.1× forward earnings against a peer median of 12.1× (8th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 7% a year for seven years (Req g). Recent delivered growth is +183%, so the hurdle is -176 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 16.6 points above its cost of capital (12.4% WACC).
Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | A$1.74B | A$1.74B | A$920M | A$439M | A$77.0M |
| Revenue growth | — | +89% | +110% | +470% | — |
| Gross profit | A$815M | A$797M | A$349M | A$76.9M | -A$53.2M |
| EBITDA | A$957M | A$957M | A$455M | A$131M | -A$41.0M |
| Net income | A$602M | A$602M | A$221M | A$98.7M | -A$112M |
| Free cash flow | A$659M | A$659M | A$253M | A$8.59M | -A$48.4M |
| Capital expenditure | A$327M | A$327M | A$183M | A$179M | A$15.3M |
| Total debt | n/a | A$303M | A$201M | A$45.2M | A$11.3M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Genesis Minerals GMD.AX | $5.73B | +6% | +89% | 45% | 15.1× | 7.2% |
| Northern Star Resources NST.AX | $25.3B | +19% | +19% | 35% | 17.8× | 17.5% |
| Evolution Mining EVN.AX | $18.3B | -4% | +28% | 42% | 13.4× | 10.8% |
| Ramelius Resources RMS.AX | $4.78B | +3% | -14% | 42% | 19.0× | 13.7% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | GMD.AX | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -0.7% | -0.4% | 10th lowest of 21 |
| 6-month return | +6.0% | +0.4% | 9th highest of 21 |
| Distance from 52-week high | -20.4% | -22.9% | 8th highest of 21 |
| Revenue growth (TTM) | +89.4% | +55.9% | 4th highest of 20 |
| Operating margin | 45.0% | 45.4% | 10th lowest of 20 |
| Forward P/E | 15.1× | 12.1× | 8th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 7.2% | -0.1% | 5th most demanding of 16 |
| Growth delivered (Del g) | +182.9% | +27.4% | highest of 14 |
| Hurdle (Req g minus delivered) | -175.7 pp | -21.1 pp | least demanding of 14 |
| ROIC minus cost of capital | +16.6 pp | +19.5 pp | 10th lowest of 21 |
| EV / EBITDA | 8.5× | 6.0× | 5th most expensive of 18 |
| Net debt / EBITDA | -0.2× | -0.5× | 7th most indebted of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Genesis Minerals GMD.AX | Australia | $5.73B | +6% | +89% | 45% | 15.1× | 7.2% | +182.9% |
| Perseus Mining PRU.AX | Australia | $5.77B | +11% | +13% | 48% | 11.8× | -1.1% | +26.4% |
| SSR Mining SSRM | United States | $5.66B | -17% | +39% | 42% | 8.1× | n/a | n/a |
| OceanaGold OGC.TO | Canada | $6.27B | -5% | +56% | 44% | 7.1× | -5.4% | +29.2% |
| Sibanye Stillwater Limited Sponsored ADR SBSW | United States | $6.30B | -29% | +59% | 26% | 5.9× | n/a | n/a |
| Greatland Resources GGP.AX | Australia | $5.11B | -31% | +118% | 52% | 13.4× | -3.1% | n/a |
| JCHX MINING MANAGEMENT 603979.SS | China | $5.09B | -12% | +23% | 28% | 9.9× | -7.7% | +29.3% |
| Triple Flag Precious Metals TFPM.TO | Canada | $6.54B | +1% | +45% | 63% | 24.7× | n/a | n/a |
| Torex Resources TXR.TO | Canada | $5.02B | +16% | +76% | 46% | 7.1× | -3.9% | +11.5% |
| Artemis Gold ARTG.V | Canada | $6.76B | +18% | +148% | 71% | 11.3× | 6.6% | n/a |
| K92 Mining KNT.TO | Canada | $4.86B | +10% | +62% | 68% | 11.0× | 0.7% | +31.3% |
| OR Royalties OR.TO | Canada | $6.81B | 0% | +68% | 77% | 29.5× | n/a | n/a |
| Montage Gold MAU.TO | Canada | $4.79B | +17% | n/a | n/a | 18.4× | n/a | n/a |
| Ramelius Resources RMS.AX | Australia | $4.78B | +3% | -14% | 42% | 19.0× | 13.7% | +10.3% |
| Hunan Gold 002155.SZ | China | $4.72B | -33% | +1% | 4% | 15.3× | 11.1% | +27.4% |
| B2Gold BTO.TO | Canada | $7.19B | +13% | +72% | 46% | 6.1× | -7.0% | +12.3% |
| Compania de Minas Buenaventura SAA Sponsored ADR BVN | United States | $7.25B | -21% | +64% | 45% | 6.5× | -14.1% | +20.7% |
| Capricorn Metals CMM.AX | Australia | $4.42B | -1% | +45% | 58% | 17.6× | 12.7% | +33.9% |
| First Majestic Silver AG.TO | Canada | $7.52B | -27% | +96% | 44% | 18.1× | 9.2% | +29.2% |
| Centerra Gold CG.TO | Canada | $4.25B | +27% | +44% | 27% | 12.4× | 6.5% | +13.9% |
| Vault Minerals VAU.AX | Australia | $4.19B | +21% | +35% | 33% | 13.0× | -0.1% | +59.0% |