Insider Buying: Generation Mining Limited (TSE:GENM) Director Buys 172,500 Shares of Stock

Generation Mining Limited (TSE:GENM - Get Free Report) Director Jamie Levy bought 172,500 shares of the business's stock in a transaction on Wednesday, July 9th. The stock was bought at an average price of C$0.32 per share, for a total transaction of C$54,337.50.

Jamie Levy also recently made the following trade(s):

• On Friday, April 25th, Jamie Levy purchased 93,000 shares of Generation Mining stock. The shares were acquired at an average cost of C$0.18 per share, with a total value of C$16,275.00.
• On Tuesday, April 22nd, Jamie Levy purchased 3,500 shares of Generation Mining stock. The shares were acquired at an average cost of C$0.18 per share, with a total value of C$612.50.

Generation Mining Trading Up 11.1%

Shares of GENM stock traded up C$0.04 during trading hours on Thursday, hitting C$0.35. 645,373 shares of the company's stock traded hands, compared to its average volume of 318,055. Generation Mining Limited has a 12 month low of C$0.11 and a 12 month high of C$0.46. The stock's 50 day simple moving average is C$0.30 and its 200 day simple moving average is C$0.21. The stock has a market cap of C$82.95 million, a PE ratio of -3.74 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.

About Generation Mining

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.