Ximen Mining (CVE:XIM) Shares Up 30.4% – Here’s Why

Shares of Ximen Mining Corp. (CVE:XIMGet Free Report) shot up 30.4% on Tuesday . The stock traded as high as C$0.15 and last traded at C$0.15. 111,500 shares were traded during mid-day trading, an increase of 196% from the average session volume of 37,716 shares. The stock had previously closed at C$0.12.

Ximen Mining Price Performance

The company has a fifty day moving average price of C$0.10 and a two-hundred day moving average price of C$0.10. The firm has a market capitalization of C$8.01 million, a price-to-earnings ratio of -1.56 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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