Shares of Ximen Mining Corp. (CVE:XIM – Get Free Report) dropped 20% during mid-day trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 353,387 shares changed hands during mid-day trading, an increase of 262% from the average daily volume of 97,694 shares. The stock had previously closed at C$0.08.
Ximen Mining Stock Performance
The firm has a market capitalization of C$2.62 million, a price-to-earnings ratio of -0.47 and a beta of 0.52. The firm’s 50-day moving average price is C$0.08 and its two-hundred day moving average price is C$0.11. The company has a debt-to-equity ratio of 6.24, a quick ratio of 0.25 and a current ratio of 0.11.
About Ximen Mining
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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