Generation Mining Limited (TSE:GENM – Get Free Report) fell 9.9% on Tuesday . The stock traded as low as C$0.62 and last traded at C$0.64. 5,219,661 shares traded hands during mid-day trading, an increase of 483% from the average daily volume of 895,000 shares. The stock had previously closed at C$0.71.
Generation Mining Price Performance
The company has a quick ratio of 3.61, a current ratio of 4.04 and a debt-to-equity ratio of -1.90. The stock has a market capitalization of C$206.62 million, a PE ratio of -3.37 and a beta of 2.37. The company has a 50-day moving average of C$0.69 and a 200 day moving average of C$0.66.
Generation Mining (TSE:GENM – Get Free Report) last announced its earnings results on Wednesday, August 12th. The company reported C($0.05) earnings per share (EPS) for the quarter.
Generation Mining Company Profile
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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