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

Ximen Mining Corp. (CVE:XIMGet Free Report) shares fell 20% during trading on Tuesday . 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 quick ratio of 0.25 and a current ratio of 0.11. The company 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 50 day moving average is C$0.08 and its 200 day 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.

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