Shares of Generation Mining Limited (TSE:GENM - Get Free Report) rose 22.5% on Friday . The stock traded as high as C$0.44 and last traded at C$0.44. Approximately 784,769 shares traded hands during mid-day trading, an increase of 186% from the average daily volume of 273,924 shares. The stock had previously closed at C$0.36.
Generation Mining Trading Up 21.1%
The company has a market capitalization of C$101.91 million, a PE ratio of -4.59 and a beta of 1.64. 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 stock's 50 day moving average is C$0.21 and its two-hundred day moving average is C$0.18.
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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