Ximen Mining (CVE:XIM) Trading Down 22.2% – Time to Sell?

Ximen Mining Corp. (CVE:XIMGet Free Report) shares fell 22.2% on Wednesday . The stock traded as low as C$0.07 and last traded at C$0.07. 284,045 shares were traded during mid-day trading, an increase of 542% from the average session volume of 44,249 shares. The stock had previously closed at C$0.09.

Ximen Mining Trading Down 11.1%

The company has a debt-to-equity ratio of -26.25, a quick ratio of 0.25 and a current ratio of 0.09. The business’s 50 day moving average price is C$0.10 and its 200-day moving average price is C$0.11. The firm has a market cap of C$4.60 million, a price-to-earnings ratio of -1.14 and a beta of -1.25.

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.

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