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 company traded as low as C$0.06 and last traded at C$0.06. 353,387 shares changed 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 Trading Down 20.0 %

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 stock has a market capitalization of C$2.25 million, a price-to-earnings ratio of -0.40 and a beta of 0.52. The business has a fifty day moving average of C$0.09 and a 200-day moving average of 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.

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