Ximen Mining (CVE:XIM) Shares Climb 11.1% – Here’s What Happened

Ximen Mining Corp. (CVE:XIM – Get Free Report) shot up 11.1% during trading on Thursday. The stock traded as high as C$0.05 and last traded at C$0.05. 319,329 shares changed hands during trading, an increase of 281% from the average session volume of 83,820 shares. The stock had previously closed at C$0.04.

Ximen Mining Stock Up 11.1%

The stock has a market capitalization of C$3.74 million, a P/E ratio of -1.25 and a beta of 1.03. The company has a debt-to-equity ratio of -15.10, a current ratio of 0.02 and a quick ratio of 0.25. The stock has a fifty day moving average price of C$0.07 and a 200 day moving average price of C$0.08.

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. It also owns a 100% interest in the Treasure Mountain Silver Project located in southern British Columbia. The company was formerly known as Elm Tree Minerals Inc and changed its name to Ximen Mining Corp.

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