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

Ximen Mining Corp. (CVE:XIMGet Free Report)’s stock price dropped 20% during mid-day trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 353,387 shares traded hands 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 Trading Up 16.7 %

The company has a current ratio of 0.11, a quick ratio of 0.25 and a debt-to-equity ratio of 6.24. The stock has a market capitalization of C$2.62 million, a P/E ratio of -0.47 and a beta of 0.52. The company has a 50-day moving average price of C$0.08 and a 200 day moving average price of 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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