AXMIN (CVE:AXM) Shares Cross Below 50-Day Moving Average – Should You Sell?

AXMIN Inc. (CVE:AXMGet Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.02 and traded as low as C$0.01. AXMIN shares last traded at C$0.01, with a volume of 1,000 shares trading hands.

AXMIN Stock Performance

The company has a quick ratio of 0.11, a current ratio of 0.02 and a debt-to-equity ratio of 1,770.45. The business has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.01. The firm has a market cap of C$2.25 million, a P/E ratio of -1.50 and a beta of 0.40.

AXMIN Company Profile

(Get Free Report)

AXMIN Inc, a gold exploration company, engages in the exploration and development of mineral properties in central and West Africa. Its primary asset is the Passendro gold project located in the Central African Republic. AXMIN Inc is based in Vancouver, Canada.

Further Reading

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