Generation Mining (TSE:GENM) Stock Price Down 1.6% – Here’s Why

Shares of Generation Mining Limited (TSE:GENM) were down 1.6% during mid-day trading on Monday . The company traded as low as C$0.60 and last traded at C$0.62. Approximately 753,564 shares were traded during trading, a decline of 50% from the average daily volume of 1,493,562 shares. The stock had previously closed at C$0.63.

Generation Mining Trading Down 1.6%

The company has a market capitalization of C$197.74 million, a P/E ratio of -7.75 and a beta of 1.83. The business has a fifty day moving average price of C$0.73 and a 200 day moving average price of C$0.63. The company has a quick ratio of 3.61, a current ratio of 4.84 and a debt-to-equity ratio of -1.85.

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.