Generation Mining (GENM) AI Stock Analysis

• Market Cap: C$81.76M
• Dividend Yield: N/A
• Average Volume (3M): 537.69K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.73
• Revenue Growth: N/A
• EPS Growth: 3.28%
• Country: CA
• Employees: 13
• Sector: Basic Materials
• Sector Strength: 66
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 236,992,110
• 10 Day Avg. Volume: 583,448
• 30 Day Avg. Volume: 537,686
• PEG Ratio: >-0.01
• Price to Book (P/B): 8.45
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.05
• 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

• Rating: 40 Underperform
• Price Target: ―

Generation Mining's overall stock score is low, primarily due to its poor financial performance with consistent losses and negative cash flows. While technical indicators show some positive momentum, the stock's valuation remains unattractive with a negative P/E ratio. However, recent corporate events related to the Marathon project offer potential future growth opportunities, which somewhat mitigate the negative financial outlook.

Generation Mining Business Overview & Revenue Model

Company Description

Generation Mining Limited (GENM) is a Canadian mineral exploration and development company focused on the development of the Marathon Palladium-Copper Project in Northwestern Ontario. The company operates within the mining sector, primarily targeting precious and base metals, including palladium, copper, and platinum group metals (PGMs). Generation Mining aims to become a leading producer of these metals, which are critical for various industrial applications, including automotive, electronics, and renewable energy technologies.

How the Company Makes Money

Generation Mining generates revenue through the exploration, development, and potential future production of mineral resources, particularly palladium and copper, from its Marathon Project. The company's primary revenue stream is anticipated to come from the sale of these extracted metals to global markets, where demand is driven by industries such as automotive manufacturing (especially for catalytic converters), electronics, and green energy. Additionally, partnerships and joint ventures with other mining companies or investors could provide financial backing and shared expertise, contributing to the company's earnings through shared project development costs and potential profit-sharing agreements. However, as of the latest available information, Generation Mining is in the development phase and has not yet commenced commercial production, meaning its current revenue is minimal and primarily derived from financing activities.

Generation Mining Financial Statement Overview

Summary

Generation Mining's financial statements reveal a challenging financial position characterized by zero revenue generation, significant operational losses, and negative equity. The consistent negative cash flows suggest the company struggles to fund its operations without external financing. Overall, the financial health appears vulnerable, with pressing needs to improve revenue streams and manage costs effectively.

Income Statement

Generation Mining has consistently reported zero revenue over the years, indicating a lack of operational sales. The company has incurred significant losses, with a negative EBIT and net income in both the annual and TTM periods. The inability to generate revenue and the increasing losses highlight financial instability and poor performance in the income statement.

Balance Sheet

The balance sheet reflects a concerning financial position with negative stockholders' equity, suggesting liabilities exceed assets. The debt-to-equity ratio is irrelevant due to negative equity, and the increasing total liabilities further exacerbate the risk. This suggests a high-risk financial structure with potential solvency issues.

Cash Flow

Operating cash flow and free cash flow are both negative, indicating cash outflows from operations. There is no sign of positive cash generation from core activities, and significant reliance on financing activities was observed. The lack of positive cash flow signals weak cash management and sustainability issues.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
-379.00K	-14.86M	-1.70M	-97.34K	-99.35K
	EBIT
-11.57M	-18.71M	-54.22M	-16.39M	-10.63M
	EBITDA
-20.25M	-15.79M	-54.29M	-16.95M	-8.26M
	Net Income Common Stockholders
-21.62M	-17.76M	-56.23M	-17.08M	-8.39M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
5.53M	16.46M	18.77M	6.64M	14.23M
	Total Assets
8.35M	20.22M	25.02M	8.17M	15.66M
	Total Debt
1.61M	2.55M	3.30M	191.41K	223.17K
	Net Debt
-3.92M	-13.91M	-15.47M	-5.21M	-11.44M
	Total Liabilities
58.13M	49.61M	49.11M	2.50M	1.96M
	Stockholders Equity
-49.78M	-29.39M	-24.10M	5.67M	13.70M
Cash Flow		Free Cash Flow
-10.20M	-16.81M	-32.24M	-14.53M	-8.59M
	Operating Cash Flow
-10.18M	-16.06M	-30.82M	-14.53M	-8.56M
	Investing Cash Flow
-23.52K	-116.23K	-1.42M	1.51M	697.46K
	Financing Cash Flow
-729.51K	13.87M	45.61M	6.75M	18.31M

Generation Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.34
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 0.34 is above the 20-day moving average (MA) of 0.33, above the 50-day MA of 0.24, and above the 200-day MA of 0.20, indicating a bullish trend. The MACD of 0.04 indicates Positive momentum. The RSI at 54.70 is Neutral, neither overbought nor oversold. The STOCH value of 45.16 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
IVN	69 Neutral	$13.37B	22.40	9.67%	―	―	137.28%
FM	67 Neutral	$17.54B	92.28	1.22%	―	-13.79%	―
CS	64 Neutral	C$5.77B	51.43	2.71%	―	37.30%	―
MAG	57 Neutral	$3.01B	23.55	16.27%	11.20%	―	61.66%
Sector *	51 Neutral	$2.03B	-1.27	-21.09%	3.98%	2.91%	-30.50%
GENM	40 Underperform	C$81.76M	―	48.03%	―	―	3.28%
ELO	36 Underperform	C$116.54M	―	-17.56%	―	―	13.39%

Generation Mining Corporate Events

Generation Mining Files Technical Report for Marathon Project

Generation Mining Limited has filed a National Instrument 43-101 Technical Report for its Marathon Copper-Palladium Project, updating the feasibility study results. This filing marks a significant step in advancing the project, which could enhance the company’s position in the mining industry and potentially impact stakeholders by fostering a greener future.

Generation Mining Updates Feasibility Study for Marathon Project

Generation Mining Limited has announced an updated feasibility study for its Marathon Copper-Palladium Project in Northwestern Ontario, highlighting robust economic metrics and strong critical mineral production. The project is strategically positioned to address supply constraints in the copper and palladium markets, with advanced development and permitting making it a key player in the North American critical minerals space.

Generation Mining Secures Final Construction Permit for Marathon Project

Generation Mining Limited has received the final construction permits from the Ontario Ministry of Natural Resources for the Marathon Copper-Palladium Project, marking a significant step towards the project’s development. With only one more approval pending, the company is nearing full permitting, which will enable the commencement of construction, potentially enhancing its position in the mining industry and impacting stakeholders positively.

Generation Mining Secures Key Permits for Marathon Project

Generation Mining Limited has received crucial permit approvals from the Ministry of the Environment, Conservation and Parks and the Ministry of Natural Resources for its Marathon Copper-Palladium Project. These approvals, including the Permit to Take Water and a Lakes and Rivers Improvement Act permit, are significant milestones in advancing the project. The company has also completed an aerial survey for the Boreal Woodland Caribou, demonstrating its commitment to environmental responsibility and collaboration with Indigenous groups. The project is in the final stages of securing additional permits necessary for construction, reflecting the company’s dedication to meeting regulatory standards and advancing its operations responsibly.

Generation Mining Announces Key Management Change Amid Marathon Project Progress

Generation Mining Limited has announced a management change as Chief Operating Officer Drew Anwyll departs by the end of February 2025. His responsibilities will be taken over by the existing technical team, which includes experienced professionals like Paul Murphy, VP Projects, and Ruben Wallin, VP Sustainability, ensuring continued progress on the Marathon Project. This project, central to Gen Mining’s operations, is expected to produce significant amounts of palladium, copper, and other metals, with a considerable net present value and internal rate of return.