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

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

Ximen Mining Trading Up 16.7 %

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 firm has a market capitalization of C$2.62 million, a price-to-earnings ratio of -0.47 and a beta of 0.52. The business’s fifty day moving average is C$0.08 and its 200 day moving average is C$0.11.

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.

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