Generation Mining (TSE:GENM) Director Kerry Knoll Acquires 200,000 Shares of Stock

Generation Mining Limited (TSE:GENM) Director Kerry Knoll bought 200,000 shares of the business’s stock in a transaction on Friday, October 9th. The shares were acquired at an average price of C$0.50 per share, for a total transaction of C$100,000.00. Following the completion of the purchase, the director owned 4,895,852 shares in the company, valued at approximately C$2,447,926. The trade was a 4.26% increase in their position.

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

• On Tuesday, October 6th, Kerry Knoll bought 200,000 shares of Generation Mining stock. The stock was acquired at an average cost of C$0.55 per share, with a total value of C$110,000.00.

Generation Mining Stock Performance

Shares of GENM stock remained flat at C$0.50 during mid-day trading on Friday. The stock had a trading volume of 1,531,443 shares, compared to its average volume of 974,782. Generation Mining Limited has a 52-week low of C$0.45 and a 52-week high of C$0.92. The company has a 50-day moving average of C$0.67 and a 200-day moving average of C$0.64. The company has a debt-to-equity ratio of -1.90, a quick ratio of 3.61 and a current ratio of 4.04. The firm has a market capitalization of C$161.62 million, a PE ratio of -2.63 and a beta of 2.40.

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