Ximen Mining (CVE:XIM) Trading 16.7% Higher – Here’s What Happened

Ximen Mining Corp. (CVE:XIM) was up 16.7% during mid-day trading on Thursday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 164,553 shares traded hands during mid-day trading, an increase of 133% from the average daily volume of 70,574 shares. The stock had previously closed at C$0.06.

Ximen Mining Stock Up 16.7%

The company has a quick ratio of 0.25, a current ratio of 0.02 and a debt-to-equity ratio of -15.76. The business’s fifty day moving average price is C$0.07 and its 200 day moving average price is C$0.08. The firm has a market capitalization of C$4.07 million, a PE ratio of -1.75 and a beta of 1.51.

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. It also owns a 100% interest in the Treasure Mountain Silver Project located in southern British Columbia. The company was formerly known as Elm Tree Minerals Inc and changed its name to Ximen Mining Corp.