Ximen Mining Corp. (CVE:XIM – Get Free Report) shares dropped 10.5% during mid-day trading on Friday . The company traded as low as C$0.08 and last traded at C$0.09. Approximately 105,000 shares traded hands during mid-day trading, an increase of 68% from the average daily volume of 62,518 shares. The stock had previously closed at C$0.10.
Ximen Mining Stock Performance
The business has a fifty day simple moving average of C$0.07 and a 200-day simple moving average of C$0.08. The company has a quick ratio of 0.25, a current ratio of 0.02 and a debt-to-equity ratio of -15.76. The firm has a market cap of C$4.94 million, a P/E ratio of -2.13 and a beta of 1.60.
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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