Ximen Mining (CVE:XIM) Shares Up 21.7% – Still a Buy?

Ximen Mining Corp. (CVE:XIMGet Free Report)’s share price shot up 21.7% during mid-day trading on Wednesday . The company traded as high as C$0.15 and last traded at C$0.14. 115,000 shares traded hands during trading, an increase of 204% from the average session volume of 37,814 shares. The stock had previously closed at C$0.12.

Ximen Mining Trading Up 21.7 %

The firm’s fifty day simple moving average is C$0.10 and its 200 day simple moving average is C$0.10. 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 stock has a market capitalization of C$8.01 million, a P/E ratio of -1.56 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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