Ximen Mining (CVE:XIM) Sets New 1-Year Low – What’s Next?

Ximen Mining Corp. (CVE:XIM)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 1013 shares changing hands. The stock had previously closed at C$0.07.

Ximen Mining Price Performance

The firm has a 50-day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.08. The company has a market capitalization of C$3.49 million, a price-to-earnings ratio of -1.50 and a beta of 1.36. The company has a current ratio of 0.02, a quick ratio of 0.25 and a debt-to-equity ratio of -15.76.

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. 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.