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

Ximen Mining Corp. (CVE:XIMGet Free Report) shares shot up 18.5% during mid-day trading on Friday . The stock traded as high as C$0.17 and last traded at C$0.16. 167,900 shares were traded 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 Stock Up 18.5 %

The company has a quick ratio of 0.25, a current ratio of 0.09 and a debt-to-equity ratio of -26.25. The firm has a market capitalization of C$9.16 million, a price-to-earnings ratio of -1.79 and a beta of 0.52. The firm has a 50 day moving average of C$0.12 and a two-hundred day moving average of C$0.10.

Ximen Mining Company Profile

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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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