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

Shares of Ximen Mining Corp. (CVE:XIMGet Free Report) were down 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 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 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 has a market capitalization of C$2.25 million, a P/E ratio of -0.40 and a beta of 0.52. The company’s 50-day simple moving average is C$0.09 and its 200 day simple moving average 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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