Generation Mining Limited (TSE:GENM – Get Free Report)’s share price dropped 9.7% during mid-day trading on Thursday . The stock traded as low as C$0.14 and last traded at C$0.14. Approximately 129,556 shares were traded during trading, a decline of 34% from the average daily volume of 196,544 shares. The stock had previously closed at C$0.16.
Generation Mining Trading Down 9.7 %
The business has a 50 day moving average of C$0.15 and a 200-day moving average of C$0.20. The stock has a market cap of C$33.18 million, a PE ratio of -1.49 and a beta of 1.64. The company has a current ratio of 3.05, a quick ratio of 3.61 and a debt-to-equity ratio of -3.94.
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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