Insider Buying: Generation Mining (TSE:GENM) Director Acquires C$100,000.00 in Stock

Generation Mining Limited (TSE:GENM) Director Kerry Knoll purchased 200,000 shares of the business’s stock in a transaction on Friday, October 9th. The stock was purchased at an average cost of C$0.50 per share, for a total transaction of C$100,000.00. Following the acquisition, the director owned 4,895,852 shares in the company, valued at approximately C$2,447,926. The trade was a 4.26% increase in their ownership of the stock.

Kerry Knoll also recently made the following trade(s):

• On Tuesday, October 6th, Kerry Knoll acquired 200,000 shares of Generation Mining stock. The stock was purchased at an average price of C$0.55 per share, for a total transaction of C$110,000.00.

Generation Mining Stock Performance

Shares of TSE:GENM opened at C$0.50 on Tuesday. The company has a market cap of C$161.62 million, a price-to-earnings ratio of -2.63 and a beta of 2.40. The company has a 50-day moving average price of C$0.67 and a 200-day moving average price of C$0.65. The company has a current ratio of 4.04, a quick ratio of 3.61 and a debt-to-equity ratio of -1.90. Generation Mining Limited has a 12 month low of C$0.45 and a 12 month high of C$0.92.

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

About Generation Mining

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.