Ximen Mining (CVE:XIM) Trading 11.8% Higher – Here’s Why

Shares of Ximen Mining Corp. (CVE:XIMGet Free Report) were up 11.8% on Thursday . The company traded as high as C$0.10 and last traded at C$0.10. 125,000 shares were traded during trading, an increase of 110% from the average daily volume of 59,657 shares. The stock had previously closed at C$0.09.

Ximen Mining Stock Up 17.6%

The company has a debt-to-equity ratio of -15.10, a current ratio of 0.02 and a quick ratio of 0.25. The stock has a market capitalization of C$7.05 million, a P/E ratio of -2.50 and a beta of 1.28. The firm has a 50-day simple moving average of C$0.09 and a 200 day simple moving average of C$0.08.

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. It also owns a 100% interest in the Treasure Mountain Silver Project located in southern British Columbia. The company was formerly known as Elm Tree Minerals Inc and changed its name to Ximen Mining Corp.

Read More

Receive News & Ratings for Ximen Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ximen Mining and related companies with MarketBeat.com's FREE daily email newsletter.