Ximen Mining (CVE:XIM) Shares Down 20% – Time to Sell?

Ximen Mining Corp. (CVE:XIMGet Free Report)’s stock price fell 20% on Wednesday . The company traded as low as C$0.06 and last traded at C$0.06. 353,387 shares traded hands during trading, an increase of 262% from the average session volume of 97,694 shares. The stock had previously closed at C$0.08.

Ximen Mining Trading Up 16.7 %

The stock has a market cap of C$2.62 million, a price-to-earnings ratio of -0.47 and a beta of 0.52. The business has a 50-day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.11. The company has a debt-to-equity ratio of 6.24, a quick ratio of 0.25 and a current ratio of 0.11.

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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