George Frederich Meintjes Purchases 81,687 Shares of Generation Mining (TSE:GENM) Stock

Generation Mining Limited (TSE:GENM) insider George Frederich Meintjes acquired 81,687 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were acquired at an average cost of C$0.60 per share, for a total transaction of C$49,012.20. Following the purchase, the insider directly owned 81,687 shares in the company, valued at C$49,012.20. This trade represents a ? increase in their position.

Generation Mining Stock Performance

Shares of Generation Mining stock opened at C$0.64 on Friday. The company has a market capitalization of C$206.54 million, a PE ratio of -3.76 and a beta of 2.08. Generation Mining Limited has a 12 month low of C$0.28 and a 12 month high of C$0.92. The company has a current ratio of 8.99, a quick ratio of 3.61 and a debt-to-equity ratio of -2.46. The stock’s fifty day simple moving average is C$0.62 and its 200 day simple moving average is C$0.67.

Generation Mining (TSE:GENM) last issued its quarterly earnings data on Friday, May 15th. The company reported C($0.06) 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.