Ximen Mining (CVE:XIM) Reaches New 1-Year Low – Should You Sell?

Ximen Mining Corp. (CVE:XIM – Get Free Report) hit a new 52-week low during mid-day trading on Thursday. The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 152,808 shares traded. The stock had previously closed at C$0.07.

Ximen Mining Trading Up 8.3%

The stock has a market cap of C$4.87 million, a P/E ratio of -1.62 and a beta of 1.03. The company has a current ratio of 0.02, a quick ratio of 0.25 and a debt-to-equity ratio of -15.10. The business’s fifty day simple moving average is C$0.08 and its 200 day simple moving average is C$0.08.

About Ximen Mining

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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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