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

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

The firm has a fifty day moving average of C$0.12 and a two-hundred day moving average of C$0.10. The stock 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 debt-to-equity ratio of -26.25, a current ratio of 0.09 and a quick ratio of 0.25.

About Ximen Mining

(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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