Ximen Mining (CVE:XIM) Shares Up 21.7% – Still a Buy?

Ximen Mining Corp. (CVE:XIMGet Free Report) shares traded up 21.7% on Tuesday . The company traded as high as C$0.15 and last traded at C$0.14. 115,000 shares changed hands during mid-day trading, an increase of 204% from the average session volume of 37,814 shares. The stock had previously closed at C$0.12.

Ximen Mining Price Performance

The stock has a market capitalization of C$8.58 million, a price-to-earnings ratio of -1.67 and a beta of 0.52. The business has a 50-day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.10. 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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