Ximen Mining Corp. (CVE:XIM – Get Free Report) shares dropped 20% on Wednesday . The stock 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 Stock Up 16.7 %
The business has a 50-day simple moving average of C$0.08 and a 200-day simple moving average of C$0.11. The company has a quick ratio of 0.25, a current ratio of 0.11 and a debt-to-equity ratio of 6.24. The stock has a market cap of C$2.62 million, a P/E ratio of -0.47 and a beta of 0.52.
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.
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