Ximen Mining (CVE:XIM) Trading Up 18.5% – Here’s Why

Ximen Mining Corp. (CVE:XIMGet Free Report) shot up 18.5% during trading on Saturday . The company traded as high as C$0.17 and last traded at C$0.16. 167,900 shares traded hands during mid-day 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 company has a debt-to-equity ratio of -26.25, a quick ratio of 0.25 and a current ratio of 0.09. The firm’s 50 day moving average is C$0.12 and its 200-day moving average is C$0.10. The company has a market cap of C$9.16 million, a PE ratio of -1.79 and a beta of 0.52.

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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