Generation Mining (TSE:GENM) Sets New 52-Week Low – Here’s Why

Generation Mining Limited (TSE:GENMGet Free Report)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as C$0.13 and last traded at C$0.14, with a volume of 265912 shares traded. The stock had previously closed at C$0.14.

Generation Mining Stock Down 5.3 %

The company has a current ratio of 3.05, a quick ratio of 3.61 and a debt-to-equity ratio of -3.94. The business’s 50-day simple moving average is C$0.15 and its 200-day simple moving average is C$0.20. The company has a market capitalization of C$31.99 million, a PE ratio of -1.44 and a beta of 1.64.

About Generation Mining

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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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