Ximen Mining (CVE:XIM) Trading Down 20% – Here’s What Happened

Shares of Ximen Mining Corp. (CVE:XIMGet Free Report) traded down 20% during mid-day trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 327,387 shares changed hands during mid-day 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 Up 16.7 %

The company’s fifty day simple moving average is C$0.08 and its 200 day simple moving average is C$0.11. The company has a quick ratio of 0.25, a current ratio of 0.11 and a debt-to-equity ratio of 6.24. The firm has a market capitalization of C$2.62 million, a PE ratio of -0.47 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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