Shares of Ximen Mining Corp. (CVE:XIM – Get Free Report) dropped 20% during mid-day trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 327,387 shares changed hands during trading, an increase of 254% from the average daily volume of 92,494 shares. The stock had previously closed at C$0.08.
Ximen Mining Stock Performance
The business’s 50-day moving average price is C$0.09 and its 200-day moving average price is C$0.11. The company has a debt-to-equity ratio of 6.24, a quick ratio of 0.25 and a current ratio of 0.11. The stock has a market cap of C$2.25 million, a P/E ratio of -0.40 and a beta of 0.52.
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.
Further Reading
- Five stocks we like better than Ximen Mining
- Low PE Growth Stocks: Unlocking Investment Opportunities
- The Fed Is More Likely to Hike Than Cut Rates in 2025
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Investors Navigate Uncertainty by Seeking Refuge in Gold and Oil
- How to Capture the Benefits of Dividend Increases
- Archer Aviation Shares Slide, Now Bargain Priced for 2025
Receive News & Ratings for Ximen Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ximen Mining and related companies with MarketBeat.com's FREE daily email newsletter.
