Ximen Mining (CVE:XIM) Trading 20% Higher – Time to Buy?

Ximen Mining Corp. (CVE:XIMGet Free Report) shares were up 20% during trading on Thursday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 30,000 shares were traded during trading, a decline of 31% from the average daily volume of 43,731 shares. The stock had previously closed at C$0.10.

Ximen Mining Price Performance

The stock has a 50-day moving average price of C$0.08 and a two-hundred day moving average price of C$0.10. The stock has a market cap of C$4.68 million, a price-to-earnings ratio of -0.83 and a beta of 0.52. The company has a current ratio of 0.11, a quick ratio of 0.25 and a debt-to-equity ratio of 6.24.

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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