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

Ximen Mining Corp. (CVE:XIMGet Free Report) shares fell 20% during mid-day trading on Monday . The company traded as low as C$0.08 and last traded at C$0.08. 119,000 shares traded hands during trading, an increase of 175% from the average session volume of 43,306 shares. The stock had previously closed at C$0.10.

Ximen Mining Stock Down 20.0%

The company has a debt-to-equity ratio of -26.25, a current ratio of 0.09 and a quick ratio of 0.25. The company has a market capitalization of C$4.58 million, a P/E ratio of -1.01 and a beta of -1.39. The stock has a 50-day moving average price of C$0.10 and a 200-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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