Ximen Mining (CVE:XIM) Trading Down 12.5% – Here’s What Happened

Ximen Mining Corp. (CVE:XIMGet Free Report) traded down 12.5% during mid-day trading on Monday . The company traded as low as C$0.07 and last traded at C$0.07. 177,126 shares traded hands during mid-day trading, an increase of 111% from the average session volume of 84,022 shares. The stock had previously closed at C$0.08.

Ximen Mining Stock Down 12.5%

The stock has a market cap of C$4.93 million, a PE ratio of -1.75 and a beta of 1.37. The business has a 50 day moving average of C$0.08 and a 200-day moving average of C$0.08. The company has a current ratio of 0.02, a quick ratio of 0.25 and a debt-to-equity ratio of -15.10.

About Ximen Mining

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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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