Shaw and Partners Keeps Their Hold Rating on Genesis Minerals Limited (GMD)
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Kormendy covers the Basic Materials sector, focusing on stocks such as AIC Mines Limited, FireFly Metals, and Lunnon Metals Limited. According to TipRanks, Kormendy has an average return of -1.2% and a 33.68% success rate on recommended stocks.
In addition to Shaw and Partners, Genesis Minerals Limited also received a Hold from Citi's Kate McCutcheon in a report issued today. However, on the same day, UBS maintained a Buy rating on Genesis Minerals Limited (ASX: GMD).
Based on Genesis Minerals Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$338.73 million and a net profit of A$59.8 million. In comparison, last year the company earned a revenue of A$215.92 million and had a net profit of A$16 million
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