Ximen Mining (CVE:XIM) Shares Up 30.4% – Still a Buy?

Ximen Mining Corp. (CVE:XIMGet Free Report) shot up 30.4% during mid-day trading on Tuesday . The stock traded as high as C$0.15 and last traded at C$0.15. 111,500 shares changed hands during mid-day trading, an increase of 196% from the average session volume of 37,633 shares. The stock had previously closed at C$0.12.

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 company has a market cap of C$8.58 million, a price-to-earnings ratio of -1.67 and a beta of 0.52. The firm’s 50-day moving average price is C$0.10 and its 200 day moving average price is C$0.10.

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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