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

Ximen Mining Corp. (CVE:XIMGet Free Report) dropped 20% on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 327,387 shares were traded during mid-day trading, an increase of 254% from the average daily volume of 92,494 shares. The stock had previously closed at C$0.08.

Ximen Mining Trading 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 stock has a market capitalization of C$2.62 million, a P/E ratio of -0.47 and a beta of 0.52. The stock has a 50-day moving average price of C$0.08 and a two-hundred day moving average price 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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