Ximen Mining (CVE:XIM) Shares Up 18.5% – Here’s Why

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

Ximen Mining Stock Performance

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 company has a market capitalization of C$9.16 million, a price-to-earnings ratio of -1.79 and a beta of 0.52. The stock has a 50 day simple moving average of C$0.12 and a 200 day simple moving average of C$0.10.

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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