Generation Mining (TSE:GENM) Announces Earnings Results

Generation Mining (TSE:GENM – Get Free Report) issued its earnings results on Friday. The company reported C($0.06) earnings per share for the quarter, FiscalAI reports.

Generation Mining Stock Down 1.6%

TSE:GENM traded down C$0.01 during mid-day trading on Friday, reaching C$0.63. The stock had a trading volume of 955,522 shares, compared to its average volume of 1,069,566. The stock has a market cap of C$202.31 million, a P/E ratio of -4.85 and a beta of 2.08. The business’s 50 day moving average is C$0.64 and its 200 day moving average is C$0.67. The company has a debt-to-equity ratio of -1.83, a current ratio of 3.19 and a quick ratio of 3.61. Generation Mining has a fifty-two week low of C$0.17 and a fifty-two week high of C$0.92.

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About Generation Mining

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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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