Ximen Mining (CVE:XIM) Stock Price Up 18.5% – Should You Buy?

Ximen Mining Corp. (CVE:XIMGet Free Report) shot up 18.5% during trading on Friday . The company traded as high as C$0.17 and last traded at C$0.16. 167,900 shares traded hands during mid-day 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 Trading Up 18.5 %

The stock has a market capitalization of C$9.16 million, a PE ratio of -1.79 and a beta of 0.52. The company’s 50 day moving average price is C$0.12 and its two-hundred day moving average price is C$0.10. 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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