Generation Mining (TSE:GENM) Director Jamie Levy Acquires 100,000 Shares of Company Stock

Generation Mining Limited (TSE:GENM) Director Jamie Levy acquired 100,000 shares of the company’s stock in a transaction dated Friday, October 9th. The stock was acquired at an average price of C$0.50 per share, for a total transaction of C$50,000.00. Following the acquisition, the director owned 8,047,380 shares in the company, valued at approximately C$4,023,690. The trade was a 1.26% increase in their position.

Generation Mining Price Performance

Shares of TSE GENM opened at C$0.50 on Friday. The stock’s 50-day simple moving average is C$0.67 and its 200-day simple moving average is C$0.64. The firm has a market capitalization of C$161.62 million, a PE ratio of -2.63 and a beta of 2.40. Generation Mining Limited has a fifty-two week low of C$0.45 and a fifty-two week high of C$0.92. The company has a debt-to-equity ratio of -1.90, a quick ratio of 3.61 and a current ratio of 4.04.

Generation Mining (TSE:GENM) last released its quarterly earnings data on Wednesday, August 12th. The company reported C($0.05) earnings per share 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.