Ximen Mining (CVE:XIM) Sets New 52-Week Low – Here’s What Happened
by Michael Walen · The Markets DailyXimen Mining Corp. (CVE:XIM – Get Free Report)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 11762 shares trading hands. The stock had previously closed at C$0.06.
Ximen Mining Stock Performance
The company has a debt-to-equity ratio of -15.76, a current ratio of 0.02 and a quick ratio of 0.25. The stock has a fifty day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.08. The firm has a market capitalization of C$3.49 million, a P/E ratio of -1.50 and a beta of 1.36.
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.