Generation Mining (TSE:GENM) Trading Up 7.1% – Here’s What Happened

Generation Mining Limited (TSE:GENM) shares shot up 7.1% during mid-day trading on Thursday . The stock traded as high as C$0.15 and last traded at C$0.15. 46,000 shares traded hands during trading, a decline of 85% from the average session volume of 312,099 shares. The stock had previously closed at C$0.14.

Generation Mining Stock Performance

The stock has a market capitalization of C$35.48 million, a P/E ratio of -1.88 and a beta of 1.64. The stock has a 50 day simple moving average of C$0.21 and a two-hundred day simple moving average of C$0.24. The company has a quick ratio of 3.61, a current ratio of 3.40 and a debt-to-equity ratio of 8.15.

Generation Mining Company Profile

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.