Generation Mining Limited (TSE:GENM – Get Free Report)’s stock price dropped 9.9% during mid-day trading on Tuesday . The stock traded as low as C$0.62 and last traded at C$0.64. 5,219,661 shares were traded during mid-day trading, an increase of 483% from the average daily volume of 895,000 shares. The stock had previously closed at C$0.71.
Generation Mining Trading Down 3.1%
The company has a market cap of C$200.16 million, a price-to-earnings ratio of -3.26 and a beta of 2.37. The business has a fifty day simple moving average of C$0.69 and a 200 day simple moving average of C$0.66. The company has a quick ratio of 3.61, a current ratio of 4.04 and a debt-to-equity ratio of -1.90.
Generation Mining (TSE:GENM – Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The company reported C($0.05) earnings per share 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.
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