Ximen Mining (CVE:XIM) Shares Up 22.2% – Here’s What Happened

Ximen Mining Corp. (CVE:XIM) shares were up 22.2% during trading on Friday . The stock traded as high as C$0.17 and last traded at C$0.17. Approximately 167,000 shares were traded during mid-day trading, an increase of 318% from the average daily volume of 39,992 shares. The stock had previously closed at C$0.14.

Ximen Mining Stock Performance

The firm has a market capitalization of C$9.16 million, a P/E ratio of -1.79 and a beta of 0.52. The company has a 50-day simple moving average of C$0.12 and a two-hundred day simple moving average of 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.

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.