Ximen Mining (CVE:XIM) Trading Up 21.7% – Here’s What Happened

Shares of Ximen Mining Corp. (CVE:XIM – Get Free Report) were up 21.7% during trading on Tuesday . The company traded as high as C$0.15 and last traded at C$0.14. Approximately 115,000 shares traded hands 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 Price Performance

The business’s 50-day moving average price is C$0.10 and its 200 day moving average price is 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. The company has a market capitalization of C$8.58 million, a P/E ratio of -1.67 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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