Insider Buying: Generation Mining (TSE:GENM) Insider Acquires C$49,012.20 in Stock

Generation Mining Limited (TSE:GENM) insider George Frederich Meintjes bought 81,687 shares of Generation Mining stock in a transaction dated Tuesday, May 26th. The shares were bought at an average cost of C$0.60 per share, for a total transaction of C$49,012.20. Following the completion of the acquisition, the insider owned 81,687 shares in the company, valued at C$49,012.20. This represents a ∞ increase in their position.

Generation Mining Stock Performance

GENM opened at C$0.63 on Friday. The firm has a market cap of C$203.32 million, a P/E ratio of -3.71 and a beta of 2.08. Generation Mining Limited has a 52-week low of C$0.28 and a 52-week high of C$0.92. The company has a debt-to-equity ratio of -2.46, a quick ratio of 3.61 and a current ratio of 8.99. The business’s fifty day moving average is C$0.62 and its 200-day moving average is C$0.67.

Generation Mining (TSE:GENM) last released its earnings results on Friday, May 15th. The company reported C($0.06) earnings per share (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.