Xander Resources (CVE:XND) Trading Down 8.1% – Here’s What Happened

Xander Resources Inc. (CVE:XNDGet Free Report)’s stock price fell 8.1% during trading on Friday . The stock traded as low as C$0.29 and last traded at C$0.29. 4,500 shares were traded during mid-day trading, a decline of 39% from the average session volume of 7,339 shares. The stock had previously closed at C$0.31.

Xander Resources Trading Down 8.1 %

The stock has a fifty day moving average of C$0.13 and a 200 day moving average of C$0.08. The company has a debt-to-equity ratio of 0.54, a quick ratio of 11.97 and a current ratio of 6.08. The company has a market capitalization of C$4.78 million, a P/E ratio of -9.50 and a beta of 0.86.

Xander Resources Company Profile

(Get Free Report)

Xander Resources Inc, a junior mineral resource exploration company, engages in the evaluation, exploration, and development of mineral properties in Canada. It primarily explores for gold, copper, zinc, lead, lithium, and nickel properties. The company holds interests in the Senneville; Blue Ribbon; and Timmins Nickel projects.

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