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

Ximen Mining Corp. (CVE:XIM) shares rose 18.5% on Saturday . The company 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 Up 18.5 %

The company has a debt-to-equity ratio of -26.25, a quick ratio of 0.25 and a current ratio of 0.09. The firm has a fifty day simple moving average of C$0.12 and a 200-day simple moving average of C$0.10. The firm has a market cap of C$9.16 million, a price-to-earnings ratio of -1.79 and a beta of 0.52.

Ximen Mining Company Profile

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.