Generation Mining (TSE:GENM) Stock Price Down 1.6% – Should You Sell?

Generation Mining Limited (TSE:GENMGet Free Report) traded down 1.6% during trading on Thursday . The stock traded as low as C$0.60 and last traded at C$0.62. 324,621 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 417,994 shares. The stock had previously closed at C$0.63.

Generation Mining Trading Down 1.6%

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’s fifty day moving average is C$0.58 and its 200 day moving average is C$0.43. The stock has a market cap of C$167.17 million, a PE ratio of -7.75 and a beta of 1.47.

Generation Mining (TSE:GENMGet Free Report) last issued its earnings results on Wednesday, November 5th. The company reported C($0.03) earnings per share (EPS) for the quarter.

Generation Mining Company Profile

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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.

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