Generation Mining Limited (TSE:GENM – Get Free Report)’s share price dropped 9.7% during mid-day trading on Thursday . The stock traded as low as C$0.14 and last traded at C$0.14. Approximately 129,556 shares changed hands during trading, a decline of 34% from the average daily volume of 196,544 shares. The stock had previously closed at C$0.16.
Generation Mining Trading Down 6.9 %
The firm has a market capitalization of C$31.99 million, a PE ratio of -1.44 and a beta of 1.64. The company’s 50-day moving average price is C$0.15 and its 200-day moving average price is 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.
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.
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