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

Ximen Mining Corp. (CVE:XIM)’s stock price 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 131000 shares changing hands. The stock had previously closed at C$0.07.

Ximen Mining Trading Up 8.3%

The company’s 50-day moving average is C$0.08 and its 200-day moving average is C$0.10. The firm has a market cap of C$3.74 million, a price-to-earnings ratio of -1.08 and a beta of -1.35. The company has a debt-to-equity ratio of -26.25, a quick ratio of 0.25 and a current ratio of 0.09.

About Ximen Mining

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.