Generation Mining Limited (TSE:GENM – Get Free Report)’s stock price shot up 9.4% during mid-day trading on Tuesday . The company traded as high as C$0.18 and last traded at C$0.18. 262,274 shares traded hands during trading, an increase of 31% from the average session volume of 199,682 shares. The stock had previously closed at C$0.16.
Generation Mining Stock Performance
The business has a fifty day simple moving average of C$0.15 and a two-hundred day simple moving average of C$0.19. 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 company has a market cap of C$42.66 million, a P/E ratio of -1.92 and a beta of 1.64.
Generation Mining Company Profile
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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