Generation Mining (TSE:GENM) Trading Down 1.7% – Should You Sell?

Shares of Generation Mining Limited (TSE:GENMGet Free Report) dropped 1.7% during mid-day trading on Friday . The company traded as low as C$0.57 and last traded at C$0.57. Approximately 249,730 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 1,044,936 shares. The stock had previously closed at C$0.58.

Generation Mining Trading Down 1.7%

The business’s 50 day moving average is C$0.63 and its two-hundred day moving average is C$0.67. The company has a quick ratio of 3.61, a current ratio of 8.99 and a debt-to-equity ratio of -2.46. The firm has a market capitalization of C$183.04 million, a P/E ratio of -3.35 and a beta of 2.08.

Generation Mining (TSE:GENMGet Free Report) last issued its quarterly earnings data on Friday, May 15th. The company reported C($0.06) earnings per share for the quarter.

About Generation Mining

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Generation Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Generation Mining and related companies with MarketBeat.com's FREE daily email newsletter.