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

Ximen Mining Corp. (CVE:XIMGet Free Report)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as C$0.08 and last traded at C$0.09, with a volume of 109057 shares. The stock had previously closed at C$0.09.

Ximen Mining Stock Performance

The company has a market capitalization of C$3.18 million, a price-to-earnings ratio of -0.57 and a beta of 0.52. The stock’s 50 day moving average price is C$0.10 and its 200 day moving average price is 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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