Generation Mining (TSE:GENM) Director Acquires C$110,000.00 in Stock

Generation Mining Limited (TSE:GENM) Director Kerry Knoll purchased 200,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 6th. The stock was acquired at an average price of C$0.55 per share, for a total transaction of C$110,000.00. Following the completion of the purchase, the director directly owned 4,695,852 shares of the company’s stock, valued at C$2,582,718.60. This represents a 4.45% increase in their position.

Kerry Knoll also recently made the following trade(s):

• On Friday, October 9th, Kerry Knoll purchased 200,000 shares of Generation Mining stock. The shares were acquired at an average cost of C$0.50 per share, for a total transaction of C$100,000.00.

Generation Mining Price Performance

Shares of Generation Mining stock opened at C$0.50 on Tuesday. The company has a quick ratio of 3.61, a current ratio of 4.04 and a debt-to-equity ratio of -1.90. The stock has a market capitalization of C$161.62 million, a price-to-earnings ratio of -2.63 and a beta of 2.40. Generation Mining Limited has a twelve month low of C$0.45 and a twelve month high of C$0.92. The company has a 50-day simple moving average of C$0.67 and a two-hundred day simple moving average of C$0.65.

Generation Mining (TSE:GENM) last released its quarterly earnings results on Wednesday, August 12th. The company reported C($0.05) earnings per share for the quarter.

Generation Mining Company Profile

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.