Ximen Mining (CVE:XIM) Shares Up 21.7% – Time to Buy?

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

The stock has a 50-day moving average price of C$0.10 and a 200 day moving average price of C$0.10. The firm has a market cap of C$8.01 million, a PE ratio of -1.56 and a beta of 0.52. The company has a debt-to-equity ratio of -26.25, a current ratio of 0.09 and a quick ratio of 0.25.

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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