Generation Mining Ltd. (TSE:GENM)
TSX:GENM
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Generation Mining
(TSX:GENM)
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Rating:45Neutral
Price Target:
C$0.63
▼(-23.61% Downside)
Action:ReiteratedDate:04/02/26
The score is primarily constrained by weak financial performance (no revenue, ongoing losses, negative equity, and persistent cash burn). Technicals are mixed with weak momentum but some support from trading above the 200-day average. Valuation signals remain unfavorable due to unprofitability and no dividend data.
Positive Factors
Diversified metal mix
Generation Mining’s Marathon asset produces multiple metals (palladium, copper, platinum, gold, silver). That multi-commodity exposure can smooth revenue volatility across cycles, provide multiple marketing/offtake options and reduce single-commodity dependence once production begins.
Negative Factors
Pre-revenue development profile
The company has no operating revenue and reports negative operating and free cash flow annually, meaning it relies on external financing to fund development. This creates execution and funding risk over the medium term until production generates sustained receipts.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified metal mix
Generation Mining’s Marathon asset produces multiple metals (palladium, copper, platinum, gold, silver). That multi-commodity exposure can smooth revenue volatility across cycles, provide multiple marketing/offtake options and reduce single-commodity dependence once production begins.
Read all positive factors
Generation Mining (GENM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$197.32M
Dividend YieldN/A
Average Volume (3M)623.25K
Price to Earnings (P/E)―
Beta (1Y)2.09
Revenue GrowthN/A
EPS Growth6.85%
CountryCA
Employees13
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.06
Shares Outstanding318,264,040
10 Day Avg. Volume396,881
30 Day Avg. Volume623,254
Financial Highlights & Ratios
PEG Ratio-0.15
Price to Book (P/B)-2.96
Price to Sales (P/S)0.00
P/FCF Ratio-32.14
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.02
Revenue Forecast (FY)N/A
Generation Mining Business Overview & Revenue Model
Company Description
Generation Mining Limited, a mineral exploration and development stage company, focuses on base and precious metal deposits in Canada. It explores for zinc, lead, silver, molybdenum, copper, gold, diamond, tungsten, platinum, and palladium deposit...
How the Company Makes Money
Generation Mining is primarily a pre-revenue mineral development company; it does not generate material recurring revenue from mining operations while its main project is under development. Its economic model is to create value by advancing the Ma...
Generation Mining Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
10
Very Negative
| Breakdown | Dec 2025 | Mar 2025 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | -378.71K | -14.86M | -1.70M | -97.34K |
| EBITDA | -33.50M | -20.25M | -15.79M | -54.29M | -16.95M |
| Net Income | -33.87M | -21.62M | -17.76M | -56.23M | -17.08M |
Balance Sheet | |||||
| Total Assets | 12.38M | 8.35M | 20.22M | 25.02M | 8.17M |
| Cash, Cash Equivalents and Short-Term Investments | 10.04M | 5.53M | 16.46M | 18.77M | 6.64M |
| Total Debt | 1.28M | 1.61M | 2.55M | 3.30M | 191.41K |
| Total Liabilities | 82.60M | 58.13M | 49.61M | 49.11M | 2.50M |
| Stockholders Equity | -70.22M | -49.78M | -29.39M | -24.10M | 5.67M |
Cash Flow | |||||
| Free Cash Flow | -6.47M | -10.20M | -16.81M | -32.24M | -14.53M |
| Operating Cash Flow | -6.47M | -10.18M | -16.06M | -30.82M | -14.53M |
| Investing Cash Flow | 0.00 | -23.52K | -116.23K | -1.42M | 1.51M |
| Financing Cash Flow | 10.98M | -729.51K | 13.87M | 45.61M | 6.75M |
Generation Mining Technical Analysis
Neutral
0.83
Price Trends
0.69
Negative
0.68
Negative
0.55
Positive
Market Momentum
-0.03
Negative
47.02
Neutral
84.96
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GENM, the sentiment is Neutral. The current price of 0.83 is above the 20-day moving average (MA) of 0.62, above the 50-day MA of 0.69, and above the 200-day MA of 0.55, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 47.02 is Neutral, neither overbought nor oversold. The STOCH value of 84.96 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:GENM.
Generation Mining Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
48 Neutral | C$135.61M | -32.36 | -7.36% | ― | ― | -60.92% | |
46 Neutral | C$102.60M | -16.41 | -82.13% | ― | ― | -89.71% | |
45 Neutral | C$197.32M | -6.14 | 41.95% | ― | ― | 6.85% | |
45 Neutral | C$387.35M | -21.63 | -12.59% | ― | ― | -51.28% | |
44 Neutral | C$222.88M | -21.25 | -4.43% | ― | ― | -18.67% | |
43 Neutral | C$55.37M | -8.32 | -6.79% | ― | ― | 56.31% |
* Basic Materials Sector Average
TSE:GENM
Generation Mining
0.62
0.46
287.50%
TSE:KC
Kutcho Copper Corp
0.30
0.18
150.00%
TSE:FPX
FPX Nickel
0.43
0.21
95.45%
TSE:SURG
Surge Copper Corp
0.59
0.49
490.00%
TSE:PGE
Group Ten Metals
0.33
0.20
144.44%
TSE:CNC
Canada Nickel Company
1.61
0.71
78.89%
Generation Mining Corporate Events
Business Operations and Strategy
Generation Mining Selects Ausenco as EPCM Partner for Marathon Copper‑Palladium Project
Positive
Mar 2, 2026
Generation Mining has appointed Ausenco Engineering Canada as its Engineering, Procurement and Construction Management partner for the Marathon Copper‑Palladium Project in Northwestern Ontario, after a competitive evaluation based on technic...
Business Operations and StrategyExecutive/Board Changes
Generation Mining Bolsters Leadership to Advance Marathon Copper-Palladium Project
Positive
Feb 24, 2026
Generation Mining has strengthened its management ranks by appointing veteran mining executive Rachel Pineault as Executive Vice President, Corporate Affairs and Human Resources, and seasoned engineer Erich Meintjes as Vice President, Engineering....
Business Operations and StrategyPrivate Placements and Financing
Generation Mining Gains $750,000 Strategic Investment from Biigtigong Nishnaabeg
Positive
Feb 10, 2026
Generation Mining has secured a $750,000 strategic investment from the Biigtigong Nishnaabeg First Nation through a private placement of 1,041,666 units priced at $0.72, mirroring terms of a recent bought deal financing. Each unit includes one com...
Business Operations and StrategyExecutive/Board Changes
Generation Mining Adds Veteran Engineers to Advance Marathon Copper-Palladium Project
Positive
Jan 28, 2026
Generation Mining has bolstered its technical bench for the Marathon Copper-Palladium Project in Northwestern Ontario by appointing veteran mining engineers Paul McRae and Jeremy Wyeth as Technical Advisors. With more than four decades of experien...
Business Operations and StrategyExecutive/Board Changes
Generation Mining Adds Veteran Advisors to Advance Marathon Copper-Palladium Project
Positive
Jan 28, 2026
Generation Mining has bolstered the technical leadership of its Marathon Copper-Palladium Project by appointing veteran mining engineers Paul McRae and Jeremy Wyeth as Technical Advisors to guide development, construction and operations. Both brin...
Business Operations and StrategyPrivate Placements and Financing
Generation Mining Raises $34.5 Million in Upsized Bought-Deal to Advance Marathon Project
Positive
Jan 15, 2026
Generation Mining has closed an upsized bought-deal public offering of 47,920,500 units at $0.72 per unit, raising gross proceeds of about $34.5 million, including full exercise of the over-allotment option by its underwriting syndicate led by Sti...
Business Operations and StrategyPrivate Placements and Financing
Generation Mining Upsizes Bought‑Deal Financing to C$30 Million for Marathon Project
Positive
Jan 8, 2026
Generation Mining has upsized its previously announced bought‑deal private placement to C$30.0 million, with Stifel Canada acting as sole bookrunner for a syndicate of underwriters. The offering now comprises 41.67 million units at C$0.72 pe...
Business Operations and StrategyPrivate Placements and Financing
Generation Mining Launches $20 Million Bought Deal to Advance Marathon Project
Positive
Jan 7, 2026
Generation Mining has launched a $20 million bought deal public offering, selling 27.78 million units at $0.72 each, with each unit comprising one common share and half a warrant exercisable at $1.00 for 24 months. The financing, led by Stifel Nic...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.