Generation Mining Limited (TSE:GENM – Get Free Report)’s share price was up 8.3% during mid-day trading on Wednesday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 300,840 shares changed hands during mid-day trading, an increase of 62% from the average daily volume of 185,154 shares. The stock had previously closed at C$0.12.
Generation Mining Price Performance
The company has a debt-to-equity ratio of -3.94, a quick ratio of 3.61 and a current ratio of 3.05. The company’s fifty day moving average price is C$0.15 and its 200 day moving average price is C$0.20. The firm has a market capitalization of C$35.55 million, a price-to-earnings ratio of -1.60 and a beta of 1.64.
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.
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