Generation Mining (TSE:GENM) Hits New 1-Year High – Here’s What Happened

Shares of Generation Mining Limited (TSE:GENMGet Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as C$0.80 and last traded at C$0.78, with a volume of 1020970 shares traded. The stock had previously closed at C$0.74.

Generation Mining Stock Up 2.7%

The company has a quick ratio of 3.61, a current ratio of 3.05 and a debt-to-equity ratio of -3.94. The stock has a market capitalization of C$204.92 million, a PE ratio of -9.50 and a beta of 1.19. The firm’s fifty day moving average is C$0.59 and its 200-day moving average is C$0.45.

Generation Mining (TSE:GENMGet Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The company reported C($0.03) earnings per share for the quarter.

About Generation Mining

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Generation Mining is developing the Marathon Palladium-Copper project in Northwestern Ontario. The Company has completed a feasibility study which estimates 245,000 ounces of annual palladium-equivalent production over a 13-year mine life. Marathon is the largest undeveloped palladium project in North America.

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