Ximen Mining (CVE:XIM) Shares Down 11.1% – Time to Sell?

Ximen Mining Corp. (CVE:XIMGet Free Report) was down 11.1% on Wednesday . The company traded as low as C$0.07 and last traded at C$0.08. Approximately 308,045 shares traded hands during mid-day trading, an increase of 578% from the average daily volume of 45,467 shares. The stock had previously closed at C$0.09.

Ximen Mining Trading Down 11.1%

The firm has a fifty day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.11. The stock has a market cap of C$4.60 million, a PE ratio of -1.14 and a beta of -1.25. The company has a current ratio of 0.09, a quick ratio of 0.25 and a debt-to-equity ratio of -26.25.

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.