Ximen Mining (CVE:XIM) Trading Down 20% – Should You Sell?

Shares of Ximen Mining Corp. (CVE:XIMGet Free Report) were down 20% during trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 333,387 shares traded hands during mid-day trading, an increase of 258% from the average daily volume of 93,094 shares. The stock had previously closed at C$0.08.

Ximen Mining Price Performance

The company has a current ratio of 0.11, a quick ratio of 0.25 and a debt-to-equity ratio of 6.24. The business’s 50-day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.11. The firm has a market cap of C$2.62 million, a price-to-earnings ratio of -0.47 and a beta of 0.52.

About Ximen Mining

(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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