Ximen Mining (CVE:XIM) Shares Up 21.7% – Here’s Why

Shares of Ximen Mining Corp. (CVE:XIMGet Free Report) were up 21.7% during trading on Tuesday . The company traded as high as C$0.15 and last traded at C$0.14. Approximately 115,000 shares were traded during mid-day 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 Price Performance

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 company has a fifty day moving average price of C$0.10 and a 200 day moving average price of C$0.10. The company has a market capitalization of C$8.01 million, a P/E ratio of -1.56 and a beta of 0.52.

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.

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