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Genesis Minerals Limited (GMD) was downgraded to a Hold Rating at UBS | Markets Insider

Published 1 month ago1 minute read

Genesis Minerals Limited (GMDResearch Report) received a Hold rating and a A$3.00 price target from UBS analyst Levi Spry today. The company’s shares closed today at A$2.86.

Spry covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, De Grey Mining Ltd, and Regis Resources Limited. According to TipRanks, Spry has an average return of 7.0% and a 64.67% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Genesis Minerals Limited with a A$3.11 average price target.

The company has a one-year high of A$2.85 and a one-year low of A$1.47. Currently, Genesis Minerals Limited has an average volume of 4.22M.

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Genesis Minerals Ltd is an Australian gold exploration company. It owns an interest in Ulysses Gold Project and Barimaia Gold Project.

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