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

Ximen Mining Corp. (CVE:XIMGet Free Report) shares dropped 20% during mid-day trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 353,387 shares traded hands during trading, an increase of 262% from the average daily volume of 97,694 shares. The stock had previously closed at C$0.08.

Ximen Mining Price Performance

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 company’s fifty day moving average is C$0.09 and its 200 day moving average is C$0.11. The stock has a market cap of C$2.25 million, a PE ratio of -0.40 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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