Ximen Mining (CVE:XIM) Trading Up 18.5% – Here’s Why

Shares of Ximen Mining Corp. (CVE:XIM) were up 18.5% on Saturday . The company traded as high as C$0.17 and last traded at C$0.16. Approximately 167,900 shares traded hands during trading, an increase of 320% from the average daily volume of 40,012 shares. The stock had previously closed at C$0.14.

Ximen Mining Price Performance

The firm’s 50 day moving average is C$0.12 and its 200 day moving average is C$0.10. The firm has a market cap of C$9.16 million, a P/E ratio of -1.79 and a beta of 0.52. The company has a debt-to-equity ratio of -26.25, a current ratio of 0.09 and a quick ratio of 0.25.

Ximen Mining Company Profile

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.