Ximen Mining (CVE:XIM) Trading 21.7% Higher – Still a Buy?

by · The Markets Daily

Ximen Mining Corp. (CVE:XIM – Get Free Report) was up 21.7% during mid-day trading on Wednesday . The company traded as high as C$0.15 and last traded at C$0.14. Approximately 115,000 shares traded hands during 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 company has a market capitalization of C$8.58 million, a PE ratio of -1.67 and a beta of 0.52. The company has a current ratio of 0.09, a quick ratio of 0.25 and a debt-to-equity ratio of -26.25. The stock has a fifty day simple moving average of C$0.10 and a 200-day simple moving average of C$0.10.

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.

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