Ximen Mining (CVE:XIM) Hits New 12-Month Low – Here’s Why

Ximen Mining Corp. (CVE:XIM – Get Free Report)’s share price hit a new 52-week low on Tuesday. The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 72,000 shares changing hands. The stock had previously closed at C$0.04.

Ximen Mining Stock Performance

The stock has a 50-day simple moving average of C$0.07 and a 200-day simple moving average of C$0.08. The company has a debt-to-equity ratio of -13.43, a current ratio of 0.01 and a quick ratio of 0.25. The stock has a market cap of C$3.74 million, a PE ratio of -1.25 and a beta of 1.03.

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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