Generation Mining (TSE:GENM) Issues Quarterly Earnings Results

Generation Mining (TSE:GENM) posted its quarterly earnings results on Friday. The company reported C($0.06) earnings per share for the quarter, FiscalAI reports.

Generation Mining Price Performance

Shares of TSE GENM traded down C$0.01 during midday trading on Friday, reaching C$0.63. 955,522 shares of the stock traded hands, compared to its average volume of 1,069,265. The company has a debt-to-equity ratio of -1.83, a current ratio of 3.19 and a quick ratio of 3.61. The stock has a market capitalization of C$202.31 million, a PE ratio of -4.85 and a beta of 2.08. Generation Mining has a one year low of C$0.17 and a one year high of C$0.92. The company’s 50 day moving average is C$0.64 and its 200 day moving average is C$0.67.

Generation Mining Company Profile

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.