Ximen Mining Corp. (CVE:XIM – Get Free Report)’s share price dropped 15.4% on Monday. The company traded as low as C$0.06 and last traded at C$0.06. 244,414 shares traded hands during mid-day trading, an increase of 217% from the average session volume of 77,116 shares. The stock had previously closed at C$0.07.
Ximen Mining Stock Down 15.4%
The firm has a 50 day moving average of C$0.07 and a 200-day moving average of C$0.08. The company has a debt-to-equity ratio of -15.10, a current ratio of 0.02 and a quick ratio of 0.25. The stock has a market capitalization of C$4.12 million, a P/E ratio of -1.38 and a beta of 1.03.
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. 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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