Ximen Mining (CVE:XIM) Stock Falls 5.9% – Should You Sell?

Shares of Ximen Mining Corp. (CVE:XIM – Get Free Report) fell 5.9% on Wednesday. The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 105,236 shares changed hands during trading, an increase of 34% from the average daily volume of 78,304 shares. The stock had previously closed at C$0.09.

Ximen Mining Price Performance

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 company has a market capitalization of C$5.64 million, a PE ratio of -2.00 and a beta of 1.29. The business’s 50 day simple moving average is C$0.08 and its 200 day simple moving average is C$0.08.

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. 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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