Ximen Mining (CVE:XIM) Trading Down 20% – Here’s What Happened

Ximen Mining Corp. (CVE:XIMGet Free Report)’s stock price traded down 20% during mid-day trading on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06. 353,387 shares were traded 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 Price Performance

The company has a 50 day moving average of C$0.09 and a two-hundred day moving average of C$0.11. The firm has a market cap of C$2.25 million, a P/E ratio of -0.40 and a beta of 0.52. 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.

Featured Stories

Receive News & Ratings for Ximen Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ximen Mining and related companies with MarketBeat.com's FREE daily email newsletter.