Ximen Mining (CVE:XIM) Shares Up 18.5% – What’s Next?

Shares of Ximen Mining Corp. (CVE:XIM) were up 18.5% during mid-day trading on Saturday . The stock traded as high as C$0.17 and last traded at C$0.16. Approximately 167,900 shares were traded 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 Stock Performance

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

About Ximen Mining

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.