Ximen Mining (CVE:XIM) Trading 10% Higher – Time to Buy?

Ximen Mining Corp. (CVE:XIMGet Free Report)’s share price rose 10% during mid-day trading on Thursday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 1,000 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 40,163 shares. The stock had previously closed at C$0.10.

Ximen Mining Stock Performance

The business’s 50 day simple moving average is C$0.11 and its two-hundred day simple moving average is C$0.13. The firm has a market capitalization of C$4.12 million, a P/E ratio of -0.73 and a beta of 0.52. The company has a current ratio of 0.11, a quick ratio of 0.25 and a debt-to-equity ratio of 6.24.

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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