Generation Mining Limited (TSE:GENM - Get Free Report) shares dropped 1.6% during mid-day trading on Wednesday . The stock traded as low as C$0.32 and last traded at C$0.32. Approximately 372,603 shares changed hands during mid-day trading, an increase of 18% from the average daily volume of 315,557 shares. The stock had previously closed at C$0.32.
Generation Mining Stock Performance
The company has a market cap of C$74.65 million, a price-to-earnings ratio of -3.36 and a beta of 1.64. The firm has a 50-day simple moving average of C$0.30 and a 200 day simple moving average of C$0.21. The company has a quick ratio of 3.61, a current ratio of 3.05 and a debt-to-equity ratio of -3.94.
Generation Mining Company Profile
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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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