Generation Mining (TSE:GENM) Trading Up 7.5% – Here’s What Happened

Generation Mining Limited (TSE:GENMGet Free Report) shares traded up 7.5% on Wednesday . The company traded as high as C$0.59 and last traded at C$0.57. 842,011 shares were traded during trading, an increase of 102% from the average session volume of 416,927 shares. The stock had previously closed at C$0.53.

Generation Mining Stock Performance

The company has a market cap of C$153.69 million, a PE ratio of -7.13 and a beta of 1.47. The company has a debt-to-equity ratio of -3.94, a quick ratio of 3.61 and a current ratio of 3.05. The firm’s 50 day moving average is C$0.53 and its 200-day moving average is C$0.39.

Generation Mining (TSE:GENMGet Free Report) last released its earnings results 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.

Further Reading

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