Ximen Mining Corp. (CVE:XIM – Get Free Report) shares dropped 12.5% on Monday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 177,126 shares were traded during trading, an increase of 111% from the average session volume of 84,022 shares. The stock had previously closed at C$0.08.
Ximen Mining Stock Down 12.5%
The business’s 50 day moving average price is C$0.08 and its 200-day moving average price is C$0.08. The firm has a market capitalization of C$4.93 million, a PE ratio of -1.75 and a beta of 1.37. The company has a debt-to-equity ratio of -15.10, a quick ratio of 0.25 and a current ratio of 0.02.
About Ximen Mining
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. It also owns a 100% interest in the Treasure Mountain Silver Project located in southern British Columbia. The company was formerly known as Elm Tree Minerals Inc and changed its name to Ximen Mining Corp.
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