Ximen Mining (CVE:XIM) Shares Up 18.5% – Time to Buy?

Ximen Mining Corp. (CVE:XIMGet Free Report)’s share price rose 18.5% during trading on Saturday . The stock traded as high as C$0.17 and last traded at C$0.16. Approximately 167,900 shares changed hands during 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 Stock Performance

The company has a market capitalization of C$9.16 million, a PE ratio of -1.79 and a beta of 0.52. The firm has a 50-day moving average of C$0.12 and a two-hundred day moving average of C$0.10. The company has a quick ratio of 0.25, a current ratio of 0.09 and a debt-to-equity ratio of -26.25.

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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