Ximen Mining (CVE:XIM) Shares Up 18.5% – Still a Buy?

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

Ximen Mining Trading Up 18.5 %

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 cap of C$9.16 million, a P/E ratio of -1.79 and a beta of 0.52. The stock has a 50-day moving average price of C$0.12 and a 200-day moving average price of C$0.10.

Ximen Mining Company Profile

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.