Ximen Mining (CVE:XIM) Shares Up 21.7% – Time to Buy?

Ximen Mining Corp. (CVE:XIMGet Free Report) shares were up 21.7% during mid-day trading on Tuesday . The stock traded as high as C$0.15 and last traded at C$0.14. Approximately 115,000 shares were traded during trading, an increase of 204% from the average daily volume of 37,814 shares. The stock had previously closed at C$0.12.

Ximen Mining Stock Performance

The firm has a fifty day moving average of C$0.10 and a 200-day moving average of C$0.10. 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 firm has a market cap of C$8.58 million, a P/E ratio of -1.67 and a beta of 0.52.

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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