Generation Mining (TSE:GENM) Trading Up 4.2% – Time to Buy?

Shares of Generation Mining Limited (TSE:GENMGet Free Report) traded up 4.2% during mid-day trading on Thursday . The stock traded as high as C$0.76 and last traded at C$0.74. 2,179,964 shares changed hands during mid-day trading, an increase of 16% from the average session volume of 1,877,452 shares. The stock had previously closed at C$0.71.

Generation Mining Stock Performance

The firm has a market capitalization of C$207.31 million, a PE ratio of -8.13 and a beta of 1.22. The company has a debt-to-equity ratio of -3.94, a current ratio of 3.05 and a quick ratio of 3.61. The business has a 50-day simple moving average of C$0.72 and a 200-day simple moving average of C$0.55.

Generation Mining (TSE:GENMGet Free Report) last released its quarterly earnings results on Wednesday, November 5th. The company reported C($0.03) EPS for the quarter.

Generation Mining Company Profile

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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.

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