Insider Buying: Generation Mining Limited (TSE:GENM) Director Purchases 60,500 Shares of Stock

Generation Mining Limited (TSE:GENM) Director Stephen William Reford purchased 60,500 shares of the business’s stock in a transaction on Friday, October 18th. The shares were purchased at an average cost of C$0.24 per share, for a total transaction of C$14,683.35.

Generation Mining Stock Up 8.3 %

Shares of TSE:GENM opened at C$0.26 on Friday. Generation Mining Limited has a 1 year low of C$0.17 and a 1 year high of C$0.41. The company has a debt-to-equity ratio of 8.15, a current ratio of 3.40 and a quick ratio of 3.61. The business’s 50-day moving average is C$0.24 and its 200-day moving average is C$0.26. The company has a market capitalization of C$61.49 million, a price-to-earnings ratio of -3.25 and a beta of 1.64.

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.