Ximen Mining (CVE:XIM) Reaches New 52-Week Low – Here’s What Happened

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

Ximen Mining Price Performance

The company has a debt-to-equity ratio of -15.76, a current ratio of 0.02 and a quick ratio of 0.25. The stock has a market cap of C$3.49 million, a price-to-earnings ratio of -1.50 and a beta of 1.36. The stock has a fifty day moving average of C$0.08 and a 200 day moving average of C$0.08.

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.