Ximen Mining (CVE:XIM) Trading Down 15% – Should You Sell?

Ximen Mining Corp. (CVE:XIMGet Free Report)’s share price was down 15% during mid-day trading on Monday . The company traded as low as C$0.09 and last traded at C$0.09. 141,465 shares were traded during mid-day trading, an increase of 66% from the average daily volume of 85,135 shares. The stock had previously closed at C$0.10.

Ximen Mining Stock Performance

The stock’s 50-day moving average is C$0.09 and its 200 day moving average is C$0.08. The stock has a market cap of C$5.99 million, a price-to-earnings ratio of -2.12 and a beta of 1.39. The company has a debt-to-equity ratio of -15.10, a current ratio of 0.02 and a quick ratio of 0.25.

Ximen Mining Company Profile

(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. It also owns a 100% interest in the Treasure Mountain Silver Project located in southern British Columbia. The company was formerly known as Elm Tree Minerals Inc and changed its name to Ximen Mining Corp.

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