Ximen Mining (CVE:XIM) Trading Down 2.6%
Ximen Mining Corp (CVE:XIM) dropped 2.6% during mid-day trading on Monday . The stock traded as low as C$0.37 and last traded at C$0.37, approximately 54,491 shares changed hands during trading. A decline of 62% from the average daily volume of 141,984 shares. The stock had previously closed at C$0.38.
The company has a market capitalization of $15.86 million and a price-to-earnings ratio of -1.58. The business’s 50 day moving average is C$0.36 and its 200 day moving average is C$0.49.
In other news, Director Wesley Warthe-Anderson sold 74,100 shares of the business’s stock in a transaction on Friday, October 18th. The shares were sold at an average price of C$0.37, for a total transaction of C$27,417.00. Following the sale, the director now directly owns 431,000 shares of the company’s stock, valued at C$159,470. Insiders have sold 93,100 shares of company stock valued at $34,977 over the last quarter.
Ximen Mining Corp. engages in the acquisition, exploration, and evaluation of mineral properties in British Columbia, Canada. It primarily explores for gold, silver, lead, and zinc deposits. The company primary asset is the Brett Gold Project in located in the British Columbia. The company was formerly known as Elm Tree Minerals Inc and changed its name to Ximen Mining Corp.
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