Insider Buying: Ximen Mining Corp. (CVE:XIM) Director Purchases C$42,800.00 in Stock

Ximen Mining Corp. (CVE:XIM) Director Christopher Ross Anderson bought 200,000 shares of the company’s stock in a transaction on Wednesday, September 15th. The shares were acquired at an average price of C$0.21 per share, for a total transaction of C$42,800.00. Following the completion of the acquisition, the director now owns 5,833,737 shares in the company, valued at C$1,248,419.72.

Shares of Ximen Mining stock opened at C$0.21 on Wednesday. The stock has a market cap of C$15.84 million and a price-to-earnings ratio of -2.66. The firm’s 50-day moving average is C$0.24 and its two-hundred day moving average is C$0.28. Ximen Mining Corp. has a 1 year low of C$0.20 and a 1 year high of C$0.55. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.99 and a quick ratio of 1.28.

About Ximen Mining

Ximen Mining Corp. engages in the acquisition, exploration, and evaluation of mineral properties in British Columbia, Canada. The company primarily explores for gold, silver, lead, and zinc deposits. Its principal project is the Brett Epithermal Gold Project located in British Columbia. The company was formerly known as Elm Tree Minerals Inc and changed its name to Ximen Mining Corp.

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