Ximen Mining Corp. (CVE:XIM – Get Free Report)’s share price dropped 20% on Tuesday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 119,000 shares traded hands during mid-day 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 Down 20.0%
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. 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 stock has a fifty day moving average of C$0.10 and a two-hundred day moving average of C$0.11.
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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