Generation Mining Limited (TSE:GENM – Get Free Report) traded 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. 300,840 shares were traded during trading, an increase of 62% from the average session volume of 185,154 shares. The stock had previously closed at C$0.12.
Generation Mining Trading Up 20.8 %
The firm has a 50-day moving average price of C$0.15 and a 200-day moving average price of C$0.20. The company has a market capitalization of C$34.36 million, a price-to-earnings ratio of -1.55 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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