Ximen Mining (CVE:XIM) Shares Down 20% – What’s Next?

Ximen Mining Corp. (CVE:XIMGet Free Report) shares fell 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 traded hands during 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 Up 16.7 %

The company has a debt-to-equity ratio of 6.24, a current ratio of 0.11 and a quick ratio of 0.25. The firm has a 50-day moving average of C$0.08 and a 200 day moving average of C$0.11. The stock has a market capitalization of C$2.62 million, a price-to-earnings ratio of -0.47 and a beta of 0.52.

About Ximen Mining

(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

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.