Ximen Mining Corp. (CVE:XIM – Get Free Report) dropped 20% 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 mid-day 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 Trading Up 16.7 %
The business’s 50 day simple moving average is C$0.08 and its 200-day simple moving average 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 capitalization of C$2.62 million, a P/E ratio of -0.47 and a beta of 0.52.
Ximen Mining Company Profile
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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