Shares of Ximen Mining plummet 20% amid liquidity concerns and a negative P/E ratio.

Ximen Mining (CVE:XIM) saw its shares drop 20% to C$0.06 on Tuesday, with trading volume up 262% to 353,387 shares. The Canadian company, which explores for gold, silver, lead, zinc, and molybdenum in projects like the Amelia Gold Mine, has a market cap of C$2.25 million. Financial metrics, including a negative P/E ratio and liquidity concerns, raise questions about the company's stability.

2 months ago
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