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

Shares of Ximen Mining Corp. (CVE:XIMGet Free Report) traded down 20% during trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06. 327,387 shares changed hands during trading, an increase of 254% from the average session volume of 92,494 shares. The stock had previously closed at C$0.08.

Ximen Mining Stock Down 20.0 %

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’s 50 day moving average price is C$0.09 and its 200-day moving average price is C$0.11. The company has a market cap of C$2.25 million, a PE ratio of -0.40 and a beta of 0.52.

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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