Ximen Mining (CVE:XIM) Sets New 52-Week Low – Here’s Why

Shares of Ximen Mining Corp. (CVE:XIM – Get Free Report) reached a new 52-week low during mid-day trading on Wednesday. The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 22,000 shares. The stock had previously closed at C$0.06.

Ximen Mining Stock Performance

The company has a quick ratio of 0.25, a current ratio of 0.02 and a debt-to-equity ratio of -15.10. The firm’s 50 day moving average is C$0.07 and its two-hundred day moving average is C$0.08. The stock has a market cap of C$4.49 million, a price-to-earnings ratio of -1.50 and a beta of 1.03.

Ximen Mining Company Profile

(Get Free Report)

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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