Generation Mining (TSE:GENM) Stock Price Up 4.2% – Still a Buy?

Shares of Generation Mining Limited (TSE:GENMGet Free Report) were up 4.2% on Friday . The stock traded as high as C$0.76 and last traded at C$0.75. Approximately 460,825 shares traded hands during trading, a decline of 73% from the average daily volume of 1,688,882 shares. The stock had previously closed at C$0.72.

Generation Mining Stock Performance

The company has a debt-to-equity ratio of -3.94, a current ratio of 3.05 and a quick ratio of 3.61. The firm has a market capitalization of C$239.20 million, a PE ratio of -9.38 and a beta of 1.33. The company’s fifty day simple moving average is C$0.75 and its 200 day simple moving average is C$0.58.

Generation Mining Company Profile

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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.

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