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

Ximen Mining Corp. (CVE:XIMGet Free Report)’s share price shot up 18.5% during mid-day trading on Friday . The stock traded as high as C$0.17 and last traded at C$0.16. 167,900 shares were traded during 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 Stock Performance

The firm has a market capitalization of C$9.16 million, a price-to-earnings ratio of -1.79 and a beta of 0.52. 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 stock’s 50-day moving average is C$0.12 and its 200-day moving average is C$0.10.

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.

Recommended Stories

Receive News & Ratings for Ximen Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ximen Mining and related companies with MarketBeat.com's FREE daily email newsletter.