Generation Mining (TSE:GENM) Trading Down 1.6% – What’s Next?

Generation Mining Limited (TSE:GENM) traded down 1.6% during mid-day trading on Thursday . The stock traded as low as C$0.61 and last traded at C$0.61. 520,208 shares were traded during trading, a decline of 54% from the average session volume of 1,136,903 shares. The stock had previously closed at C$0.62.

Generation Mining Price Performance

The company has a 50 day simple moving average of C$0.66 and a 200-day simple moving average of C$0.67. The stock has a market cap of C$195.89 million, a price-to-earnings ratio of -4.69 and a beta of 2.03. The company has a quick ratio of 3.61, a current ratio of 3.19 and a debt-to-equity ratio of -1.83.

Generation Mining (TSE:GENM) last announced its quarterly earnings data on Tuesday, March 31st. The company reported C($0.06) earnings per share (EPS) for the quarter.

Generation Mining Company Profile

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.