Ximen Mining (CVE:XIM) Trading Up 18.5% – Time to Buy?

Ximen Mining Corp. (CVE:XIMGet Free Report) rose 18.5% on Saturday . The stock traded as high as C$0.17 and last traded at C$0.16. Approximately 167,900 shares traded hands during mid-day trading, an increase of 320% from the average daily volume of 40,012 shares. The stock had previously closed at C$0.14.

Ximen Mining Stock Performance

The business has a 50 day moving average of C$0.12 and a 200-day moving average of C$0.10. The company has a market capitalization of C$9.16 million, a P/E ratio of -1.79 and a beta of 0.52. The company has a debt-to-equity ratio of -26.25, a quick ratio of 0.25 and a current ratio of 0.09.

Ximen Mining Company Profile

(Get Free Report)

Ximen Mining Corp. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It primarily explores for gold, silver, lead, zinc, and molybdenum deposits. The company owns a 100% interest in its precious metal projects, including the Amelia Gold Mine, Kenville Gold Mine, and the Brett Epithermal Gold Project located in southern British Columbia.

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