Jamie Levy Acquires 172,500 Shares of Generation Mining Limited (TSE:GENM) Stock

Generation Mining Limited (TSE:GENM) Director Jamie Levy bought 172,500 shares of the firm’s stock in a transaction on Wednesday, July 9th. The shares were bought at an average cost of C$0.32 per share, with a total value of C$54,337.50.

Jamie Levy also recently made the following trade(s):

• On Friday, April 25th, Jamie Levy bought 93,000 shares of Generation Mining stock. The shares were bought at an average cost of C$0.18 per share, with a total value of C$16,275.00.
• On Tuesday, April 22nd, Jamie Levy bought 3,500 shares of Generation Mining stock. The shares were bought at an average cost of C$0.18 per share, with a total value of C$612.50.

Generation Mining Stock Up 7.1%

GENM opened at C$0.38 on Friday. Generation Mining Limited has a 1-year low of C$0.11 and a 1-year high of C$0.46. 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 stock has a market capitalization of C$88.87 million, a price-to-earnings ratio of -4.00 and a beta of 1.64. The business has a 50 day moving average of C$0.31 and a 200-day moving average of C$0.21.

About Generation Mining

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.