Ximen Mining (CVE:XIM) Trading Up 18.5% – What’s Next?

Ximen Mining Corp. (CVE:XIM)’s stock price shot up 18.5% during trading on Friday . The company traded as high as C$0.17 and last traded at C$0.16. 167,900 shares changed hands during trading, an increase of 320% from the average session volume of 40,012 shares. The stock had previously closed at C$0.14.

Ximen Mining Stock Performance

The firm has a market capitalization of C$9.16 million, a price-to-earnings ratio of -1.79 and a beta of 0.52. The firm’s 50-day moving average price is C$0.12 and its two-hundred 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.

Ximen Mining Company Profile

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.