Ximen Mining (CVE:XIM) Stock Price Down 20% – What’s Next?

Ximen Mining Corp. (CVE:XIMGet Free Report) shares were down 20% on Tuesday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 119,000 shares changed hands during trading, an increase of 175% from the average daily volume of 43,306 shares. The stock had previously closed at C$0.10.

Ximen Mining Stock Performance

The company has a debt-to-equity ratio of -26.25, a current ratio of 0.09 and a quick ratio of 0.25. The company’s fifty day simple moving average is C$0.10 and its two-hundred day simple moving average is C$0.11. The stock has a market cap of C$4.58 million, a price-to-earnings ratio of -1.01 and a beta of -1.39.

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.

Read More

Receive News & Ratings for Ximen Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ximen Mining and related companies with MarketBeat.com's FREE daily email newsletter.