Xander Resources (CVE:XND) Trading Down 8.1% – Here’s What Happened

Xander Resources Inc. (CVE:XNDGet Free Report)’s share price dropped 8.1% on Friday . The stock traded as low as C$0.29 and last traded at C$0.29. Approximately 4,500 shares traded hands during trading, a decline of 39% from the average daily volume of 7,339 shares. The stock had previously closed at C$0.31.

Xander Resources Price Performance

The company’s 50 day simple moving average is C$0.13 and its two-hundred day simple moving average is C$0.08. The company has a debt-to-equity ratio of 0.54, a current ratio of 6.08 and a quick ratio of 11.97. The stock has a market capitalization of C$4.78 million, a P/E ratio of -9.50 and a beta of 0.86.

About Xander Resources

(Get Free Report)

Xander Resources Inc, a junior mineral resource exploration company, engages in the evaluation, exploration, and development of mineral properties in Canada. It primarily explores for gold, copper, zinc, lead, lithium, and nickel properties. The company holds interests in the Senneville; Blue Ribbon; and Timmins Nickel projects.

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