Generation Mining (TSE:GENM) Trading Up 6.6% – Time to Buy?

Generation Mining Limited (TSE:GENM) was up 6.6% during mid-day trading on Friday . The stock traded as high as C$0.65 and last traded at C$0.65. Approximately 139,570 shares were traded during trading, a decline of 88% from the average daily volume of 1,123,555 shares. The stock had previously closed at C$0.61.

Generation Mining Stock Performance

The stock has a market cap of C$205.52 million, a P/E ratio of -4.92 and a beta of 2.03. The company has a fifty day moving average of C$0.66 and a 200 day moving average of 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 (TSE:GENM) last posted its quarterly earnings results on Tuesday, March 31st. The company reported C($0.06) earnings per share (EPS) for the quarter.

About Generation Mining

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.