Insider Buying: Generation Mining Limited (TSE:GENM) Director Acquires 93,000 Shares of Stock

Generation Mining Limited (TSE:GENM) Director Jamie Levy bought 93,000 shares of the business’s stock in a transaction on Friday, April 25th. The stock was bought at an average cost of C$0.18 per share, for a total transaction of C$16,275.00.

Jamie Levy also recently made the following trade(s):

• On Tuesday, April 22nd, Jamie Levy purchased 3,500 shares of Generation Mining stock. The stock was acquired at an average price of C$0.18 per share, with a total value of C$612.50.
• On Wednesday, March 5th, Jamie Levy purchased 147,000 shares of Generation Mining stock. The stock was acquired at an average price of C$0.14 per share, with a total value of C$20,580.00.

Generation Mining Stock Up 5.7 %

Shares of Generation Mining stock opened at C$0.19 on Tuesday. Generation Mining Limited has a 1 year low of C$0.11 and a 1 year high of C$0.39. The business has a 50-day moving average of C$0.16 and a two-hundred day moving average of C$0.18. The company has a market capitalization of C$43.84 million, a P/E ratio of -1.98 and a beta of 1.64. The company has a debt-to-equity ratio of -3.94, a current ratio of 3.05 and a quick ratio of 3.61.

About Generation Mining

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.