Generation Mining (GENM) AI Stock Analysis

• Market Cap: C$41.47M
• Dividend Yield: N/A
• Average Volume (3M): 297.23K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.64
• Revenue Growth: N/A
• EPS Growth: 27.30%
• Country: CA
• Employees: 17
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Industrial Materials
• EPS (TTM): -0.09
• Shares Outstanding: 236,992,110
• 10 Day Avg. Volume: 251,551
• 30 Day Avg. Volume: 297,226
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -4.70
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Generation Mining's overall stock score is low due to severe financial instability, marked by persistent losses and negative equity. Technical indicators suggest a strong downward trend, with valuation metrics providing no appeal. The lack of revenue and reliance on financing highlight substantial risks.

Generation Mining Business Overview & Revenue Model

Company Description

Generation Mining Limited (GENM) is a Canadian-based exploration and development company focused on the development of its Marathon Palladium-Copper Project, located in Northwestern Ontario. The company operates within the mining sector, with a specific emphasis on palladium, copper, and other precious metals. The Marathon Project is one of the largest undeveloped palladium projects in North America, and Generation Mining aims to bring this resource into production to meet growing demand for palladium and copper in various industries, including automotive and electronics.

How the Company Makes Money

Generation Mining generates revenue primarily through the exploration, development, and potential future production of its mineral resources. The company aims to monetize its assets by advancing the Marathon Palladium-Copper Project towards production, which involves extracting and selling palladium and copper. Revenue streams are expected to include the sale of these metals to global markets. Additionally, the company may engage in strategic partnerships or joint ventures with other mining companies to share costs and enhance project development. External factors such as metal prices, demand for palladium and copper, and successful project development significantly influence the company's earnings potential.

Generation Mining Financial Statement Overview

Summary

Generation Mining is facing severe financial challenges. The absence of revenue generation and persistent operational losses raise concerns about its ability to continue as a going concern. The negative equity position and reliance on external financing underscore significant financial instability and risk.

Income Statement

The company has consistently reported zero revenue over the years, indicating no operational income generation. The net income is negative, and there is no revenue growth. High and persistent losses reflect poor operational performance.

Balance Sheet

The balance sheet shows negative equity, indicating liabilities exceed assets, which is a significant risk. High total liabilities relative to assets and negative stockholders' equity demonstrate financial instability. The debt-to-equity ratio cannot be calculated due to negative equity.

Cash Flow

Negative free cash flow and operating cash flow indicate ongoing cash burn without offsetting revenue. The company relies heavily on financing activities to sustain operations, which is unsustainable in the long term.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-420.73K	-14.86M	-1.70M	-97.34K	-99.35K	-57.15K
	EBIT
-11.50M	-18.71M	-54.22M	-4.66M	-3.27M	-12.39M
	EBITDA
-21.10M	-15.79M	-54.29M	-16.95M	-8.26M	-13.91M
	Net Income Common Stockholders
-22.16M	-17.76M	-56.23M	-17.11M	-8.61M	-13.87M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
12.93M	16.46M	18.77M	6.64M	14.23M	1.48M
	Total Assets
16.27M	20.22M	25.02M	8.17M	15.66M	2.93M
	Total Debt
2.39M	2.55M	3.30M	191.41K	223.17K	430.56K
	Net Debt
-10.55M	-13.91M	-15.47M	-5.21M	-11.44M	-787.96K
	Total Liabilities
48.80M	49.61M	49.11M	2.50M	1.96M	719.54K
	Stockholders Equity
-32.53M	-29.39M	-24.10M	5.67M	13.70M	2.21M
Cash Flow		Free Cash Flow
-13.14M	-16.81M	-32.24M	-14.53M	-8.59M	-9.09M
	Operating Cash Flow
-12.37M	-16.06M	-30.82M	-14.53M	-8.56M	-8.46M
	Investing Cash Flow
75.94K	-116.23K	-1.42M	1.51M	697.46K	-667.89K
	Financing Cash Flow
13.13M	13.87M	45.61M	6.75M	18.31M	9.17M

Generation Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.18
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GENM, the sentiment is Positive. The current price of 0.18 is above the 20-day moving average (MA) of 0.17, above the 50-day MA of 0.15, and below the 200-day MA of 0.21, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 54.42 is Neutral, neither overbought nor oversold. The STOCH value of 48.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GENM.

Generation Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FM	63 Neutral	$16.14B	―	0.02%	―	-24.38%	99.06%
MAG	61 Neutral	$2.26B	21.22	14.17%	―	―	61.66%
CS	56 Neutral	$5.65B	49.07	2.90%	―	12.21%	―
Sector *	47 Neutral	$2.64B	-3.21	-21.68%	3.30%	4.19%	-30.23%
IVN	47 Neutral	$16.53B	56.29	5.25%	―	―	-33.54%
ELO	37 Underperform	C$76.89M	―	-17.56%	―	―	13.39%
GENM	16 Underperform	C$41.47M	―	48.03%	―	―	27.30%

Generation Mining Corporate Events

Generation Mining Boosts Marathon Project Profitability

Generation Mining has unveiled an optimized mine plan for its Marathon Project, promising an additional $190 million in revenues and reduced capital costs by $89 million. The updated strategy is expected to enhance project economics with a 26% after-tax internal rate of return and a 2.1-year payback period, despite industry-wide cost pressures.