Genesis Minerals Limited Stock News
A$7.25
4.92%
Australia, Oct 16, 04:11 pm AEDT.
Closed.
Why the stock moved Beta
Genesis Minerals Limited Stock News
Genesis Minerals has agreed to acquire its smaller peer Vault Minerals in a deal that would create an Australian gold producer with a market capitalisation of around A$12.6 billion ($8.71 billion), the companies said in a joint statement on Tuesday.
Genesis Minerals has made a rival bid for Vault Minerals that values the Australian gold miner at $3.9 billion, trumping an agreed merger with Regis Resources.
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.
