Ximen Mining (CVE:XIM) Trading Down 20% – Should You Sell?

Ximen Mining Corp. (CVE:XIMGet Free Report) dropped 20% during trading on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 353,387 shares were traded 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 business’s fifty day moving average price is C$0.09 and its 200 day moving average price is C$0.11. The company has a debt-to-equity ratio of 6.24, a current ratio of 0.11 and a quick ratio of 0.25. The stock has a market cap of C$2.25 million, a P/E 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.

Further Reading

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