Generation Mining Limited (TSE:GENM - Get Free Report) shares dropped 7.4% on Friday . The stock traded as low as C$0.32 and last traded at C$0.32. Approximately 172,472 shares were traded during trading, a decline of 43% from the average daily volume of 303,915 shares. The stock had previously closed at C$0.34.
Generation Mining Price Performance
The firm has a market cap of C$74.65 million, a PE ratio of -3.36 and a beta of 1.64. The firm has a fifty day simple moving average of C$0.27 and a two-hundred day simple moving average of C$0.20. The company has a debt-to-equity ratio of -3.94, a quick ratio of 3.61 and a current ratio of 3.05.
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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