Generation Mining Limited (TSE:GENM – Get Free Report)’s share price dropped 3.6% on Tuesday . The stock traded as low as C$0.34 and last traded at C$0.34. Approximately 319,940 shares changed hands during mid-day trading, an increase of 8% from the average daily volume of 295,711 shares. The stock had previously closed at C$0.35.
Generation Mining Trading Down 3.6%
The company has a quick ratio of 3.61, a current ratio of 3.05 and a debt-to-equity ratio of -3.94. The firm has a market cap of C$79.39 million, a P/E ratio of -3.58 and a beta of 1.64. The firm’s fifty day moving average is C$0.25 and its two-hundred day moving average is C$0.19.
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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