Ximen Mining (CVE:XIM) Reaches New 12-Month Low – What’s Next?

Ximen Mining Corp. (CVE:XIMGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 58000 shares changing hands. The stock had previously closed at C$0.09.

Ximen Mining Stock Performance

The company has a market capitalization of C$3.00 million, a price-to-earnings ratio of -0.53 and a beta of 0.52. The firm has a 50-day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.11. The company has a current ratio of 0.11, a quick ratio of 0.25 and a debt-to-equity ratio of 6.24.

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.

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