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

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

Ximen Mining Price Performance

The stock has a market cap of C$9.16 million, a PE 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. The business has a 50 day moving average price of C$0.12 and a two-hundred day moving average price of C$0.10.

About Ximen Mining

(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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