Generation Mining Limited (TSE:GENM – Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as C$0.80 and last traded at C$0.78, with a volume of 1020970 shares traded. The stock had previously closed at C$0.74.
Generation Mining Price Performance
The company has a market capitalization of C$210.31 million, a P/E ratio of -9.75 and a beta of 1.19. The company has a quick ratio of 3.61, a current ratio of 3.05 and a debt-to-equity ratio of -3.94. The business has a 50 day simple moving average of C$0.59 and a 200-day simple moving average of C$0.46.
Generation Mining (TSE:GENM – Get Free Report) last released its quarterly earnings data on Wednesday, November 5th. The company reported C($0.03) earnings per share for the quarter.
Generation Mining Company Profile
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. Most palladium demand is for autocatalysts in cars, which scrub toxic emissions from exhaust, making our air much cleaner and lowering greenhouse gases.
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