Generation Mining Limited (TSE:GENM - Get Free Report) traded down 1.6% on Wednesday . The stock traded as low as C$0.32 and last traded at C$0.32. 372,603 shares were traded during mid-day trading, an increase of 18% from the average session volume of 315,557 shares. The stock had previously closed at C$0.32.
Generation Mining Stock Performance
The company has a quick ratio of 3.61, a current ratio of 3.05 and a debt-to-equity ratio of -3.94. The company has a market capitalization of C$82.95 million, a PE ratio of -3.74 and a beta of 1.64. The company has a 50-day moving average price of C$0.30 and a two-hundred day moving average price of C$0.21.
Insider Buying and Selling at Generation Mining
In other news, Director Jamie Levy bought 172,500 shares of the firm's stock in a transaction that occurred on Wednesday, July 9th. The shares were acquired at an average price of C$0.32 per share, with a total value of C$54,337.50. Insiders bought 269,000 shares of company stock worth $71,225 in the last quarter. Corporate insiders own 20.36% of the company's stock.
About Generation Mining
(
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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.
Further Reading
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