Ximen Mining (CVE:XIM) Stock Price Up 18.5% – Time to Buy?

Ximen Mining Corp. (CVE:XIMGet Free Report) shares rose 18.5% during mid-day 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 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 current ratio of 0.09 and a quick ratio of 0.25. The firm’s 50 day moving average price is C$0.12 and its two-hundred day moving average price is 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.

Further Reading

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