Ximen Mining Corp. (CVE:XIM – Get Free Report) shot up 50% on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.10. 166,001 shares changed hands during mid-day trading, an increase of 87% from the average session volume of 88,747 shares. The stock had previously closed at C$0.07.
Ximen Mining Price Performance
The company’s 50-day moving average price is C$0.09 and its 200-day moving average price is C$0.08. The company has a quick ratio of 0.25, a current ratio of 0.02 and a debt-to-equity ratio of -15.10. The firm has a market cap of C$6.34 million, a price-to-earnings ratio of -2.25 and a beta of 1.39.
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.
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