Ximen Mining (CVE:XIM) Shares Down 12.5% – Time to Sell?

Ximen Mining Corp. (CVE:XIMGet Free Report) was down 12.5% during mid-day trading on Monday . The company traded as low as C$0.07 and last traded at C$0.07. 177,126 shares were traded during trading, an increase of 111% from the average daily volume of 84,022 shares. The stock had previously closed at C$0.08.

Ximen Mining Price Performance

The company has a 50-day moving average of C$0.08 and a 200-day moving average of C$0.08. The company has a debt-to-equity ratio of -15.10, a quick ratio of 0.25 and a current ratio of 0.02. The stock has a market cap of C$4.93 million, a price-to-earnings ratio of -1.75 and a beta of 1.37.

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.

Further Reading

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