Generation Mining (TSE:GENM) Trading Up 4.2% – Here’s Why

Shares of Generation Mining Limited (TSE:GENM) shot up 4.2% during trading on Thursday . The stock traded as high as C$0.76 and last traded at C$0.74. 2,179,964 shares were traded during mid-day trading, an increase of 16% from the average session volume of 1,877,452 shares. The stock had previously closed at C$0.71.

Generation Mining Trading Up 4.2%

The stock has a market cap of C$236.01 million, a P/E ratio of -9.25 and a beta of 1.22. The company has a debt-to-equity ratio of -3.94, a quick ratio of 3.61 and a current ratio of 3.05. The firm’s fifty day simple moving average is C$0.71 and its 200-day simple moving average is C$0.54.

Generation Mining (TSE:GENM) last posted its quarterly earnings data on Wednesday, November 5th. The company reported C($0.03) 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.