Xander Resources (CVE:XND) Shares Down 8.1% – Time to Sell?

Xander Resources Inc. (CVE:XNDGet Free Report)’s stock price dropped 8.1% on Friday . The stock traded as low as C$0.29 and last traded at C$0.29. Approximately 4,500 shares traded hands during trading, a decline of 39% from the average daily volume of 7,339 shares. The stock had previously closed at C$0.31.

Xander Resources Trading Down 8.1 %

The company has a market capitalization of C$4.78 million, a price-to-earnings ratio of -9.50 and a beta of 0.86. The company has a debt-to-equity ratio of 0.54, a quick ratio of 11.97 and a current ratio of 6.08. The business’s 50-day simple moving average is C$0.13 and its 200-day simple moving average is C$0.08.

About Xander Resources

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Xander Resources Inc, a junior mineral resource exploration company, engages in the evaluation, exploration, and development of mineral properties in Canada. It primarily explores for gold, copper, zinc, lead, lithium, and nickel properties. The company holds interests in the Senneville; Blue Ribbon; and Timmins Nickel projects.

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