Ximen Mining (CVE:XIM) Sets New 52-Week Low – Time to Sell?

Shares of Ximen Mining Corp. (CVE:XIMGet Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 36012 shares trading hands. 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 P/E ratio of -0.57 and a beta of 0.52. The company has a current ratio of 0.11, a quick ratio of 0.25 and a debt-to-equity ratio of 6.24. The company’s fifty day moving average is C$0.11 and its 200 day moving average is C$0.12.

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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