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Generation Mining Ltd T.GENM

Alternate Symbol(s):  GENMF

Generation Mining Limited is a Canada-based exploration and development company. The Company's focus is on the development of the Marathon Project, a large undeveloped palladium-copper deposit in Northwestern Ontario. The Marathon Project is 100% owned by Generation PGM Inc. (Generation PGM), a wholly owned subsidiary of the Company. The Marathon Project is located along the Trans-Canada Highway in Northwestern Ontario and covers a land package of approximately 22,000 hectares. The Marathon Project is estimated to produce about 2,122,000 ounces of palladium, 517 million pounds (lbs) of copper, 485,000 ounces of platinum, 158,000 ounces of gold, and 3,156,000 ounces of silver.


TSX:GENM - Post by User

Post by AGTCTTWWon Jan 30, 2023 7:15pm
168 Views
Post# 35255191

#1 today, GENM insiders and analyst BUY ratings (x2)

#1 today, GENM insiders and analyst BUY ratings (x2)#1 anonymous was involved in ~30% of all the trades today (as buyer and/or seller), selling one fifth of all shares traded at an average price of $0.69.

#7 was involved in several cross trades, as were a few other traders, with cross trading making up ~25% of all trades.

No insiders sold any shares today, nor have any insiders sold any shares now for almost 3 years years. 

Insiders have only continued to accumulate and exercise options and warrants, in fact buying millions and millions of shares including this 21.7M share purchase by Sibanye in January 2022:

Filed 2022-01-31 14:07
 
Tx date 2022-01-26
$GENM
Generation Mining Limited
Sibanye Stillwater Limited
3 - 10% Security Holder of Issuer
Holder: Stillwater Canada Inc. (Indirect Ownership)
Common Shares
11 - Acquisition or disposition carried out privately

+21,759,332 vol
32,813,127


REFINITIV Jan 29 report highlights GENM with a BUY rating:

12-Month Price Target
Mean (CAD) 1.90
High 2.55
Low 1.25
Target vs. Current 163.9%
# of Analysts 2

Anyone with more info on GENM analyst buy ratings, please post more info.  TIA.
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