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

Ximen Mining Corp. (CVE:XIMGet Free Report)’s stock price traded down 20% during trading on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06. 353,387 shares traded hands 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 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$2.25 million, a P/E ratio of -0.40 and a beta of 0.52. The company has a fifty day moving average of C$0.09 and a two-hundred day moving average 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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