GEN – Genmin Ltd


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Recommendation Rating







1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 0.41

Low: 0.34

High: 0.48

Total Analysts: 2

Company Profile

Genmin Limited is an iron ore exploration and development company with a pipeline of projects in the Republic of Gabon, central West Africa. The Company holds a 100% interest in six exploration licenses covering approximately 5,270 square kilometers (km2). Its Baniaka Iron Ore Project (Baniaka) and the Bakoumba Iron Ore Project (Bakoumba) are located in south-east Gabon near the provincial city of Franceville where the Company has an extensive footprint and controls all acreage prospective for iron ore. Baniaka and Bakoumba represent a potential iron ore hub with 2,445km2 of landholding and 121 kilometer (km) of iron mineralized strike, with only 13% drill tested with diamond drilling. Baniaka and Bakoumba are hosted in the Archean Chaillu Massif in southeast Gabon. Minvoul/Bitam comprises the Minvoul and Bitam Licences covering an area of approximately 2,825 square kilometers. Minvoul/Bitam is hosted in the Archean North Gabon Massif in north Gabon.

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