Shares of Ximen Mining Corp. (CVE:XIM – Get Free Report) fell 15% during mid-day trading on Monday . The company traded as low as C$0.09 and last traded at C$0.09. 141,465 shares were traded during trading, an increase of 66% from the average daily volume of 85,135 shares. The stock had previously closed at C$0.10.
Ximen Mining Stock Performance
The company has a quick ratio of 0.25, a current ratio of 0.02 and a debt-to-equity ratio of -15.10. The business has a 50 day simple moving average of C$0.09 and a two-hundred day simple moving average of C$0.08. The firm has a market cap of C$5.28 million, a PE ratio of -1.88 and a beta of 1.39.
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. It also owns a 100% interest in the Treasure Mountain Silver Project located in southern British Columbia. The company was formerly known as Elm Tree Minerals Inc and changed its name to Ximen Mining Corp.
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