Ximen Mining (CVE:XIM) Trading 18.5% Higher – Still a Buy?

Ximen Mining Corp. (CVE:XIMGet Free Report)’s stock price rose 18.5% during mid-day trading on Saturday . The company traded as high as C$0.17 and last traded at C$0.16. Approximately 167,900 shares were traded during trading, an increase of 320% from the average daily volume of 40,012 shares. The stock had previously closed at C$0.14.

Ximen Mining Stock Performance

The firm has a 50-day simple moving average of C$0.12 and a 200 day simple moving average of C$0.10. The company has a market cap of C$9.16 million, a price-to-earnings ratio of -1.79 and a beta of 0.52. The company has a quick ratio of 0.25, a current ratio of 0.09 and a debt-to-equity ratio of -26.25.

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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