Generation Mining (TSE:GENM) Stock: Insider Kerry Knoll Buys 200,000 Shares

Generation Mining Limited (TSE:GENM – Get Free Report) Director Kerry Knoll acquired 200,000 shares of the firm’s stock in a transaction dated Friday, October 9th. The shares were bought at an average cost of C$0.50 per share, with a total value of C$100,000.00. Following the completion of the acquisition, the director directly owned 4,895,852 shares of the company’s stock, valued at 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 shares were bought at an average price of C$0.55 per share, for a total transaction of C$110,000.00.

Generation Mining Price Performance

Generation Mining stock remained flat at C$0.50 during midday trading on Friday. 1,531,443 shares of the company were exchanged, compared to its average volume of 974,782. Generation Mining Limited has a 12 month low of C$0.45 and a 12 month high of C$0.92. The company has a debt-to-equity ratio of -1.90, a current ratio of 4.04 and a quick ratio of 3.61. The company’s 50 day simple moving average is C$0.67 and its 200 day simple moving average is C$0.64. The stock has a market cap of C$161.62 million, a price-to-earnings ratio of -2.63 and a beta of 2.40.

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

Generation Mining Company Profile

(Get Free Report)

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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