Ximen Mining (CVE:XIM) Trading Up 18.5% – Time to Buy?

Ximen Mining Corp. (CVE:XIM)’s stock price traded up 18.5% on Friday . The company traded as high as C$0.17 and last traded at C$0.16. 167,900 shares were traded during trading, an increase of 320% from the average session volume of 40,012 shares. The stock had previously closed at C$0.14.

Ximen Mining Price Performance

The firm’s fifty day simple moving average is C$0.12 and its 200-day simple moving average is C$0.10. The firm has a market capitalization of C$9.16 million, a PE ratio of -1.79 and a beta of 0.52. The company has a quick ratio of 0.25, a current ratio of 0.09 and a debt-to-equity ratio of -26.25.

About Ximen Mining

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.