Shares of Generation Mining Limited (TSE:GENM – Get Free Report) were up 2.8% on Monday . The company traded as high as C$0.19 and last traded at C$0.19. Approximately 113,011 shares changed hands during mid-day trading, a decline of 41% from the average daily volume of 192,867 shares. The stock had previously closed at C$0.18.
Generation Mining Trading Up 2.8%
The stock has a market capitalization of C$43.84 million, a price-to-earnings ratio of -1.98 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. The company has a fifty day moving average of C$0.18 and a two-hundred day moving average of C$0.17.
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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