Genesis Minerals (GMD) Q3 2026 TU earnings summary

Executive summary

• Quarterly gold production reached 67,497oz at an AISC of A$2,685/oz, with production ramping up from Genesis ore and all third-party ore purchases completed.

• Cash and equivalents increased by A$196m to A$600m, driven by strong operational performance and cost control.

• Unaudited NPAT for the quarter was between A$145m and A$155m.

• The company remains bank debt-free and continues to invest in sector-leading growth projects.

Financial highlights

• Gold sales for the quarter were 65,049oz at an average price of A$6,755/oz, generating revenue of A$439.4m.

• Underlying cash build for the quarter was A$252.8m before investing A$56.6m in growth and exploration.

• Cash and equivalents at 31 March 2026 stood at A$599.9m, up from A$403.6m at 31 December 2025.

• Net mine cash flow was A$195m after A$48m in growth capital.

Outlook and guidance

• FY26 production outlook is 260,000–290,000oz at an AISC of A$2,500–2,700/oz, with 214,636oz produced YTD at an AISC of A$2,614/oz.

• Growth capital and exploration outlook for FY26 maintained at A$260–290m.

• Updated long-term plan, including multi-year production and cost assumptions and FY27 guidance, set for release in September quarter 2026.