Ximen Mining (CVE:XIM) Stock Price Up 18.5% – Should You Buy?

Ximen Mining Corp. (CVE:XIMGet Free Report)’s stock price rose 18.5% during mid-day trading on Friday . The company traded as high as C$0.17 and last traded at C$0.16. Approximately 167,900 shares traded hands during 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 company has a debt-to-equity ratio of -26.25, a quick ratio of 0.25 and a current ratio of 0.09. The business has a 50-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 P/E ratio of -1.79 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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