Ximen Mining (CVE:XIM) Stock Price Up 21.7% – Here’s Why

Shares of Ximen Mining Corp. (CVE:XIMGet Free Report) shot up 21.7% during trading on Tuesday . The stock traded as high as C$0.15 and last traded at C$0.14. 115,000 shares changed hands during mid-day trading, an increase of 204% from the average session volume of 37,814 shares. The stock had previously closed at C$0.12.

Ximen Mining Stock Up 25.0 %

The firm’s 50-day moving average price is C$0.10 and its 200 day moving average price is C$0.10. The company has a current ratio of 0.09, a quick ratio of 0.25 and a debt-to-equity ratio of -26.25. The company has a market capitalization of C$8.58 million, a price-to-earnings ratio of -1.67 and a beta of 0.52.

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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