Generation Mining (TSE:GENM) Trading 2.7% Higher – Here’s What Happened

Generation Mining Limited (TSE:GENMGet Free Report) rose 2.7% on Wednesday . The stock traded as high as C$0.80 and last traded at C$0.75. 723,497 shares traded hands during mid-day trading, a decline of 17% from the average session volume of 872,697 shares. The stock had previously closed at C$0.73.

Generation Mining Trading Down 2.7%

The company has a debt-to-equity ratio of -1.90, a quick ratio of 3.61 and a current ratio of 4.04. The stock has a market capitalization of C$229.22 million, a P/E ratio of -3.74 and a beta of 2.37. The firm’s fifty day simple moving average is C$0.69 and its 200 day simple moving average is C$0.66.

Generation Mining (TSE:GENMGet Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The company reported C($0.05) earnings per share (EPS) for the quarter.

Generation Mining Company Profile

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Generation Mining’s focus is the development of the Marathon Project , a large undeveloped copper-palladium deposit in Northwestern Ontario . The Marathon Property covers a land package of approximately 36,398 hectares (364 km2). Gen Mining is dedicated to fostering a greener future by promoting sustainability, empowering communities, and delivering value to our stakeholders.

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