Ximen Mining (CVE:XIM) Trading Down 20% – What’s Next?

Ximen Mining Corp. (CVE:XIMGet Free Report) was down 20% during trading on Tuesday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 119,000 shares were traded during trading, an increase of 175% from the average daily volume of 43,306 shares. The stock had previously closed at C$0.10.

Ximen Mining Stock Down 20.0%

The firm has a market capitalization of C$4.58 million, a P/E ratio of -1.01 and a beta of -1.39. The company has a debt-to-equity ratio of -26.25, a quick ratio of 0.25 and a current ratio of 0.09. The business’s fifty day moving average price is C$0.10 and its two-hundred day moving average price is C$0.11.

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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