Ximen Mining (CVE:XIM) Trading 21.7% Higher – Here’s Why

by · The Cerbat Gem

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

Ximen Mining Stock Up 21.7 %

The stock has a market cap of C$8.01 million, a P/E ratio of -1.56 and a beta of 0.52. The firm 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 debt-to-equity ratio of -26.25, a quick ratio of 0.25 and a current ratio of 0.09.

Ximen Mining Company Profile

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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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