Key Points
- Insider purchase: George Frederich Meintjes bought 81,687 shares of Generation Mining at C$0.60 each, totaling about C$49,012, and now owns 81,687 shares.
- Stock performance: GENM traded down 1.6% and opened at C$0.60, near its 50-day moving average of C$0.62 and below its 200-day average of C$0.67.
- Company snapshot: Generation Mining has a market cap of about C$193.6 million and recently reported a quarterly EPS of C($0.06) while advancing its Marathon copper-palladium project in Ontario.
Generation Mining Limited (TSE:GENM - Get Free Report) insider George Frederich Meintjes acquired 81,687 shares of Generation Mining stock in a transaction on Tuesday, May 26th. The shares were bought at an average price of C$0.60 per share, for a total transaction of C$49,012.20. Following the purchase, the insider owned 81,687 shares of the company's stock, valued at C$49,012.20. This represents a ∞ increase in their ownership of the stock.
Generation Mining Trading Down 1.6%
Shares of GENM opened at C$0.60 on Thursday. The stock's 50-day moving average is C$0.62 and its two-hundred day moving average is C$0.67. The stock has a market cap of C$193.63 million, a PE ratio of -3.53 and a beta of 2.08. Generation Mining Limited has a 12 month low of C$0.28 and a 12 month high of C$0.92. The company has a debt-to-equity ratio of -2.46, a current ratio of 8.99 and a quick ratio of 3.61.
Generation Mining (TSE:GENM - Get Free Report) last issued its quarterly earnings data on Friday, May 15th. The company reported C($0.06) EPS for the quarter.
About Generation Mining
(
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Generation Mining's focus is the development of the Marathon Project , a large undeveloped copper-palladium deposit in Northwestern Ontario . The Marathon Property covers a land package of approximately 36,398 hectares (364 km2). Gen Mining is dedicated to fostering a greener future by promoting sustainability, empowering communities, and delivering value to our stakeholders.
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