Ximen Mining (CVE:XIM) Trading 18.5% Higher – What’s Next?

Ximen Mining Corp. (CVE:XIM)’s stock price shot up 18.5% during mid-day trading on Saturday . The stock traded as high as C$0.17 and last traded at C$0.16. 167,900 shares changed hands 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 Trading Up 18.5 %

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 firm has a market cap of C$9.16 million, a PE ratio of -1.79 and a beta of 0.52. The business has a fifty day moving average price of C$0.12 and a 200 day moving average price of C$0.10.

Ximen Mining Company Profile

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.