Generation Mining (TSE:GENM) Stock Price Up 3.2% – Here’s What Happened

Generation Mining Limited (TSE:GENM)’s stock price rose 3.2% during mid-day trading on Wednesday . The stock traded as high as C$0.66 and last traded at C$0.64. Approximately 222,549 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 1,296,471 shares. The stock had previously closed at C$0.62.

Generation Mining Trading Up 3.2%

The company has a market capitalization of C$204.12 million, a price-to-earnings ratio of -4.92 and a beta of 2.03. The company has a 50-day moving average price of C$0.69 and a 200-day moving average price of C$0.66. The company has a quick ratio of 3.61, a current ratio of 3.19 and a debt-to-equity ratio of -1.83.

Generation Mining (TSE:GENM) last issued its quarterly earnings results on Tuesday, March 31st. The company reported C($0.06) earnings per share (EPS) for the quarter.

About Generation Mining

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.