Generation Mining (TSE:GENM) Trading 10% Higher – Here’s What Happened

Generation Mining Limited (TSE:GENMGet Free Report) rose 10% on Wednesday . The stock 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 Trading Up 10.0 %

The company has a market cap of C$39.02 million, a PE ratio of -2.06 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 company has a 50 day simple moving average of C$0.15 and a two-hundred day simple moving average of C$0.21.

Generation Mining Company Profile

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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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