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

Shares of Ximen Mining Corp. (CVE:XIMGet Free Report) fell 20% during 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 Stock Up 16.7 %

The firm has a 50-day moving average price of C$0.08 and a two-hundred day moving average price of C$0.11. The company has a market capitalization 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.

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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