Ximen Mining (CVE:XIM) Sets New 1-Year Low – Time to Sell?

Ximen Mining Corp. (CVE:XIMGet Free Report)’s share price 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 161100 shares traded. The stock had previously closed at C$0.07.

Ximen Mining Stock Up 8.3%

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 stock has a market cap of C$4.58 million, a PE ratio of -1.62 and a beta of 1.39. The firm has a fifty day moving average of C$0.09 and a 200 day moving average of 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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