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

Ximen Mining Corp. (CVE:XIMGet Free Report)’s stock price fell 20% during trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06. 353,387 shares were traded during mid-day 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 Stock Performance

The business’s fifty day moving average price is C$0.09 and its two-hundred day moving average price is 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. The stock has a market capitalization of C$2.25 million, a P/E ratio of -0.40 and a beta of 0.52.

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.

Further Reading

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