Xander Resources (CVE:XND) Stock Price Down 25%

Xander Resources Inc. (CVE:XNDGet Rating)’s stock price dropped 25% on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 1,091,635 shares changed hands during trading, an increase of 74% from the average daily volume of 628,056 shares. The stock had previously closed at C$0.04.

Xander Resources Price Performance

The firm has a market cap of C$3.87 million, a PE ratio of -0.58 and a beta of 2.33. The stock’s fifty day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The company has a debt-to-equity ratio of 0.54, a current ratio of 4.26 and a quick ratio of 11.97.

About Xander Resources

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Xander Resources Inc, a junior mineral resource exploration company, engages in the acquisition, evaluation, exploration, and development of mineral properties in Canada. It primarily explores for gold and nickel properties. The company holds 100% interests in the Senneville West property that comprises 80 claims; the Senneville East property comprising 62 claims; and the Senneville South property that comprises 9 claims located in Quebec.

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