Ximen Mining (XIM) AI Stock Analysis

• Market Cap: C$9.73M
• Dividend Yield: N/A
• Average Volume (3M): 24.10K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.79
• Revenue Growth: N/A
• EPS Growth: 40.00%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): -0.10
• Shares Outstanding: 57,222,713
• 10 Day Avg. Volume: 5,978
• 30 Day Avg. Volume: 24,097
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -7.30
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Ximen Mining's overall stock score is primarily hindered by its weak financial performance, characterized by ongoing losses and negative equity. While technical analysis shows some positive momentum, and recent corporate events are promising, the poor valuation metrics and financial instability significantly impact the score.

Ximen Mining Business Overview & Revenue Model

Company Description

Ximen Mining Corp (XIM) is a publicly traded gold exploration and development company focused on the acquisition, exploration, and development of mineral properties in British Columbia, Canada. The company's portfolio includes several promising gold and silver projects, notably the Brett Gold Project, the Gold Drop Project, and the Treasure Mountain Silver Project. Ximen Mining aims to advance these properties through drilling, exploration, and potential partnerships to develop them into economically viable mining operations.

How the Company Makes Money

Ximen Mining makes money primarily through the exploration and development of its mineral properties with the ultimate goal of selling or partnering on these assets. The company generates revenue by increasing the value of its properties through exploration activities and securing profitable transactions such as joint ventures, sales, or royalty agreements with larger mining companies. Additionally, Ximen Mining may raise funds through equity financing to support its exploration activities, which can also contribute to its financial resources. The value creation from successful exploration and development, coupled with strategic partnerships, forms the core of Ximen Mining's revenue model.

Ximen Mining Financial Statement Overview

Summary

Ximen Mining's financial performance is weak, with consistent losses, negative equity, and cash flow challenges. The income statement shows negative profitability, while the balance sheet highlights a concerning financial leverage. The cash flow statement indicates inefficiencies in cash management. Overall, substantial turnaround efforts are needed.

Income Statement

Ximen Mining has consistently reported negative gross profit, EBIT, and net income, indicating a lack of profitability. The company has negligible revenue, and significant losses are persistent, which is a major concern for financial health and sustainability.

Balance Sheet

The company exhibits a negative stockholders' equity, indicating more liabilities than assets, which can be risky. The debt-to-equity ratio is not applicable due to negative equity, but the financial leverage is concerning. The declining asset base further weakens the balance sheet stability.

Cash Flow

Ximen Mining has negative operating and free cash flows, indicating cash outflows exceed inflows, which might affect the company's ability to sustain operations without external financing. The negative cash flow to net income ratios highlight inefficiencies in converting income into cash.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
2.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-138.45K	-229.02K	-403.23K	-378.77K	-3.01M	-15.94K
	EBIT
-1.59M	-3.67M	-4.89M	-5.60M	-5.59M	-7.08M
	EBITDA
-3.50M	-3.21M	-4.52M	-5.28M	-5.25M	-7.08M
	Net Income Common Stockholders
-3.77M	-3.52M	-4.94M	-5.65M	-5.80M	-7.30M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
8.41K	933.00	27.84K	547.86K	129.87K	875.49K
	Total Assets
2.07M	2.23M	3.22M	4.46M	3.21M	4.09M
	Total Debt
12.94K	38.79K	50.70K	0.00	0.00	13.50K
	Net Debt
4.53K	37.86K	46.83K	-453.31K	-9.95K	-705.07K
	Total Liabilities
2.91M	2.29M	1.77M	1.48M	866.46K	1.79M
	Stockholders Equity
-965.96K	-197.38K	1.31M	2.84M	2.19M	2.14M
Cash Flow		Free Cash Flow
-1.95M	-1.70M	-3.14M	-5.44M	-4.60M	-4.72M
	Operating Cash Flow
-1.95M	-1.68M	-3.00M	-4.69M	-3.61M	-4.50M
	Investing Cash Flow
471.00	-5.21K	-140.22K	-778.83K	-907.88K	-244.94K
	Financing Cash Flow
1.92M	1.68M	2.69M	5.92M	3.81M	5.42M

Ximen Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.17
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:XIM, the sentiment is Positive. The current price of 0.17 is above the 20-day moving average (MA) of 0.15, above the 50-day MA of 0.14, and above the 200-day MA of 0.11, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 53.95 is Neutral, neither overbought nor oversold. The STOCH value of 52.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:XIM.

Ximen Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SPN	49 Neutral	C$20.03M	―	-25.44%	―	-18.13%	60.10%
Sector *	47 Neutral	$2.49B	-2.97	-22.82%	3.51%	4.13%	-28.53%
VZZ	44 Neutral	C$5.09M	―	-33.00%	―	22.12%	-466.04%
XIM	42 Neutral	C$9.73M	―	-785.02%	―	―	40.00%
MMG	41 Neutral	C$47.41M	―	-55.36%	―	―	41.78%
OMM	36 Underperform	C$11.78M	―	-31.71%	―	―	18.85%
BTR	31 Underperform	C$39.22M	―	-91.29%	―	―	7.15%

Ximen Mining Corporate Events

Ximen Mining Nears Operational Launch of Kenville Gold Mine

Ximen Mining Corp announced it is completing the final requirements to commence operations at its Kenville Gold Mine near Nelson, BC. This development marks a significant milestone in the company’s efforts to enhance its mining operations and strengthen its position in the gold mining sector, potentially benefiting stakeholders through increased production capabilities.

Ximen Mining Identifies Key Gold Mineralization Control at Brett Project

Ximen Mining Corp has announced a significant development in its Brett epithermal gold project by identifying a crucial structural control on gold mineralization. The company’s technical team has used recent drill hole data to map synvolcanic faults that serve as major hosts of gold deposits. This discovery may enhance the understanding and potential extraction of gold from the Main Zone and West Zone of the project, potentially impacting the company’s operations and market positioning positively.