Ximen Mining (CVE:XIM) Stock Price Up 21.7% – Time to Buy?

Ximen Mining Corp. (CVE:XIM) shares rose 21.7% on Wednesday . The stock traded as high as C$0.15 and last traded at C$0.14. Approximately 115,000 shares changed hands during trading, an increase of 204% from the average daily volume of 37,814 shares. The stock had previously closed at C$0.12.

Ximen Mining Stock Up 25.0 %

The firm has a market cap of C$8.58 million, a price-to-earnings ratio of -1.67 and a beta of 0.52. The firm’s 50 day moving average price is C$0.10 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

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.