Ximen Mining (CVE:XIM) Trading Up 18.5% – Should You Buy?

Ximen Mining Corp. (CVE:XIMGet Free Report)’s share price shot up 18.5% on Friday . The stock traded as high as C$0.17 and last traded at C$0.16. 167,900 shares were traded during 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 Performance

The firm 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 50-day simple moving average of C$0.12 and a two-hundred day simple moving average of C$0.10. 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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