Ximen Mining (CVE:XIM) Shares Up 21.7% – Should You Buy?

Ximen Mining Corp. (CVE:XIMGet Free Report) rose 21.7% during trading on Wednesday . The company traded as high as C$0.15 and last traded at C$0.14. Approximately 115,000 shares changed hands during mid-day trading, an increase of 204% from the average daily volume of 37,814 shares. The stock had previously closed at C$0.12.

Ximen Mining Trading Up 21.7 %

The company has a market cap of C$8.01 million, a PE ratio of -1.56 and a beta of 0.52. The company’s 50 day simple moving average is C$0.10 and its two-hundred day simple moving average is C$0.10. The company has a debt-to-equity ratio of -26.25, a current ratio of 0.09 and a quick ratio of 0.25.

About Ximen Mining

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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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