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

Ximen Mining Corp. (CVE:XIMGet Free Report) was down 20% during trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 330,387 shares traded hands during trading, an increase of 256% from the average daily volume of 92,694 shares. The stock had previously closed at C$0.08.

Ximen Mining Price Performance

The stock has a market cap of C$2.62 million, a P/E ratio of -0.47 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. The business’s 50-day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.11.

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.

Further Reading

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