Ximen Mining (CVE:XIM) Reaches New 52-Week Low – Should You Sell?

Shares of Ximen Mining Corp. (CVE:XIM – Get Free Report) reached a new 52-week low on Tuesday. The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 247,414 shares trading hands. The stock had previously closed at C$0.06.

Ximen Mining Stock Performance

The company has a current ratio of 0.02, a quick ratio of 0.25 and a debt-to-equity ratio of -15.10. The company has a market capitalization of C$4.12 million, a P/E ratio of -1.38 and a beta of 1.03. The stock has a 50 day moving average of C$0.07 and a 200-day moving average of C$0.08.

About Ximen Mining

(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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