Generation Mining Limited (TSE:GENM – Get Free Report) shares reached a new 52-week low on Wednesday . The stock traded as low as C$0.15 and last traded at C$0.17, with a volume of 2083706 shares traded. The stock had previously closed at C$0.21.
Generation Mining Stock Down 23.8 %
The company has a market capitalization of C$37.84 million, a PE ratio of -2.63 and a beta of 1.64. The company has a debt-to-equity ratio of 8.15, a quick ratio of 3.61 and a current ratio of 3.40. The stock’s 50 day moving average is C$0.25 and its 200 day moving average is C$0.26.
Insider Activity at Generation Mining
In related news, Director Jamie Levy purchased 162,000 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The shares were purchased at an average cost of C$0.22 per share, for a total transaction of C$34,830.00. In the last three months, insiders have purchased 262,000 shares of company stock worth $59,981. 20.36% of the stock is owned by company insiders.
About Generation Mining
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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