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

Ximen Mining Corp. (CVE:XIMGet Free Report)’s stock price was up 18.5% on Friday . The stock traded as high as C$0.17 and last traded at C$0.16. Approximately 167,900 shares traded hands during trading, an increase of 320% from the average daily volume of 40,007 shares. The stock had previously closed at C$0.14.

Ximen Mining Trading Up 18.5 %

The firm has a market capitalization of C$9.16 million, a P/E ratio of -1.79 and a beta of 0.52. The stock’s 50-day simple moving average is C$0.12 and its two-hundred day simple moving average is C$0.10. The company has a debt-to-equity ratio of -26.25, a current ratio of 0.09 and a quick ratio of 0.25.

About Ximen Mining

(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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