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
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Generation Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Generation Mining wasn't on the list.
While Generation Mining currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.