Ximen Mining (CVE:XIM) Shares Down 22.2% – Here’s What Happened

by · The Markets Daily

Ximen Mining Corp. (CVE:XIM – Get Free Report)’s stock price was down 22.2% on Wednesday . The company traded as low as C$0.07 and last traded at C$0.07. 284,045 shares traded hands during mid-day trading, an increase of 542% from the average daily volume of 44,249 shares. The stock had previously closed at C$0.09.

Ximen Mining Stock Down 11.1%

The company has a market capitalization of C$4.60 million, a price-to-earnings ratio of -1.14 and a beta of -1.25. The company has a quick ratio of 0.25, a current ratio of 0.09 and a debt-to-equity ratio of -26.25. The firm has a 50 day moving average price of C$0.10 and a two-hundred day moving average price of C$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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