Ximen Mining (CVE:XIM) Stock Price Up 22.2% – Time to Buy?

Ximen Mining Corp. (CVE:XIMGet Free Report) shares shot up 22.2% on Friday . The stock traded as high as C$0.17 and last traded at C$0.17. 167,000 shares were traded during mid-day trading, an increase of 353% from the average session volume of 36,881 shares. The stock had previously closed at C$0.14.

Ximen Mining Stock Up 18.5 %

The firm has a market cap of C$9.16 million, a price-to-earnings ratio of -1.79 and a beta of 0.52. The business’s 50-day moving average is C$0.12 and its 200-day 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.

Ximen Mining Company Profile

(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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