Ximen Mining (CVE:XIM) Shares Down 20% – Here’s Why

Ximen Mining Corp. (CVE:XIMGet Free Report) traded down 20% during trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06. 353,387 shares changed hands during mid-day trading, an increase of 262% from the average session volume of 97,694 shares. The stock had previously closed at C$0.08.

Ximen Mining Stock Down 20.0 %

The firm has a market capitalization of C$2.25 million, a PE ratio of -0.40 and a beta of 0.52. The business’s fifty day moving average price is C$0.09 and its 200 day moving average price is C$0.11. The company has a quick ratio of 0.25, a current ratio of 0.11 and a debt-to-equity ratio of 6.24.

Ximen Mining Company Profile

(Get Free Report)

Ximen Mining Corp. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It primarily explores for gold, silver, lead, zinc, and molybdenum deposits. The company owns a 100% interest in its precious metal projects, including the Amelia Gold Mine, Kenville Gold Mine, and the Brett Epithermal Gold Project located in southern British Columbia.

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