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

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

Ximen Mining Stock Up 18.5 %

The business’s 50 day moving average price is C$0.12 and its 200-day moving average price is C$0.10. 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 firm has a market capitalization of C$9.16 million, a PE ratio of -1.79 and a beta of 0.52.

About Ximen Mining

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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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