Generation Mining (TSE:GENM) Insider George Frederich Meintjes Acquires 81,687 Shares of Stock

Generation Mining Limited (TSE:GENM) insider George Frederich Meintjes acquired 81,687 shares of the stock in a transaction dated Tuesday, May 26th. The stock was acquired at an average cost of C$0.60 per share, with a total value of C$49,012.20. Following the transaction, the insider owned 81,687 shares of the company’s stock, valued at approximately C$49,012.20. This trade represents a ∞ increase in their ownership of the stock.

Generation Mining Price Performance

Shares of TSE:GENM opened at C$0.60 on Thursday. The company has a market cap of C$193.63 million, a P/E ratio of -3.53 and a beta of 2.08. The company has a quick ratio of 3.61, a current ratio of 8.99 and a debt-to-equity ratio of -2.46. Generation Mining Limited has a 52 week low of C$0.28 and a 52 week high of C$0.92. The business has a fifty day simple moving average of C$0.62 and a 200-day simple moving average of C$0.67.

Generation Mining (TSE:GENM) last announced its quarterly earnings data on Friday, May 15th. The company reported C($0.06) EPS for the quarter.

About Generation Mining

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.