Ximen Mining (CVE:XIM) Trading Down 20% – Should You Sell?

Ximen Mining Corp. (CVE:XIMGet Free Report)’s share price fell 20% on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06. 353,387 shares changed hands during mid-day trading, an increase of 262% from the average session volume of 97,694 shares. The stock had previously closed at C$0.08.

Ximen Mining Price Performance

The firm has a market cap of C$2.25 million, a P/E ratio of -0.40 and a beta of 0.52. The business’s fifty day simple moving average is C$0.09 and its 200-day simple moving average is C$0.11. The company has a current ratio of 0.11, a quick ratio of 0.25 and a debt-to-equity ratio of 6.24.

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.

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