Generation Mining (TSE:GENM) Trading Up 10% – Should You Buy?

Generation Mining Limited (TSE:GENMGet Free Report)’s share price was up 10% during mid-day trading on Wednesday . The company traded as high as C$0.17 and last traded at C$0.17. Approximately 442,987 shares changed hands during trading, an increase of 209% from the average daily volume of 143,223 shares. The stock had previously closed at C$0.15.

Generation Mining Stock Performance

The company has a current ratio of 3.40, a quick ratio of 3.61 and a debt-to-equity ratio of 8.15. The company has a market cap of C$39.02 million, a price-to-earnings ratio of -2.06 and a beta of 1.64. The stock’s fifty day simple moving average is C$0.15 and its 200 day simple moving average is C$0.21.

About Generation Mining

(Get Free Report)

Generation Mining Limited, an exploration and development stage company, focuses on the mining of base and precious metal deposits in Canada. The company explores for molybdenum, tungsten, palladium, copper, platinum, gold, and silver deposits. It holds 100% interest in the Marathon palladium-copper project located in north-western Ontario.

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