Ximen Mining (XIM) AI Stock Analysis

• Market Cap: C$4.89M
• Dividend Yield: N/A
• Average Volume (3M): 57.32K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.53
• Revenue Growth: N/A
• EPS Growth: 45.20%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 57,526,466
• 10 Day Avg. Volume: 95,623
• 30 Day Avg. Volume: 57,319
• PEG Ratio: 0.05
• Price to Book (P/B): -2.76
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.72
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: C$0.09 ▲(56.67% Upside)

The score is held down primarily by weak financial performance (no revenue, persistent losses, cash burn, and negative equity). Technicals are a relative positive with price above key moving averages and positive MACD, but valuation support is limited due to negative earnings and no dividend data.

Positive Factors

Narrowing losses

Net losses have materially narrowed versus prior years, reflecting better cost control and lower cash burn. If sustained, this structural improvement reduces near-term financing needs, extends runway for exploration programs, and improves credibility with investors and partners.

Focused exploration strategy

A clear, concentrated strategy targeting gold and silver in British Columbia provides geological optionality and alignment with structural demand for precious metals. Geographic and commodity focus supports efficient deployment of capital and potential for attracting JV partners over time.

Modest absolute debt

Low absolute debt keeps fixed interest obligations limited, reducing immediate creditor pressure and preserving operational flexibility. Structurally, modest leverage makes it easier to raise additional exploration capital without a heavy servicing burden, though equity weakness remains.

Negative Factors

Negative shareholders' equity

Negative equity indicates accumulated losses have eroded the capital base, heightening solvency and financing risk. Over the medium term this constrains funding options, increases the likelihood of dilution or distressed asset sales, and limits strategic flexibility.

Pre-revenue business model

The company remains pre-revenue and dependent on exploration outcomes to generate cash flow. Structurally, absence of operating revenue makes long-term viability contingent on successful resource development or continual external financing, raising execution risk.

Ongoing cash burn

Persistently negative operating and free cash flow imply ongoing cash burn and a reliance on external financing or asset disposals. Over 2-6 months this structural cash-gap elevates refinancing and dilution risk and can force scaling back of exploration plans if markets tighten.

Ximen Mining Business Overview & Revenue Model

Company Description

Ximen Mining Corp. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company primarily explores for gold, silver, lead, and zinc deposits. Its principal project is the Brett Epithermal Gold Project located in British Columbia. The company also acquires 100% interest in the Wild Horse Creek property that consists of 139 mineral claims covering an area of approximately 12,767 hectares located in southern British Columbia. It has option to acquire the Kenville Gold Mine project located west of Nelson, British Columbia. The company was formerly known as Elm Tree Minerals Inc. and changed its name to Ximen Mining Corp. in September 2013. Ximen Mining Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Ximen Mining Corp primarily generates revenue through the exploration, development, and potential production of mineral resources from its mining properties. The company invests in the acquisition and exploration of mineral-rich properties, aiming to discover economically viable mineral deposits. Once these deposits are identified and developed, Ximen Mining can generate revenue from the sale of extracted minerals such as gold and silver in the commodity markets. Additionally, the company may enter into joint ventures or partnerships with other mining companies to share the costs and risks associated with exploration and development projects, potentially receiving income from these collaborative efforts. The company's financial performance is also influenced by fluctuations in commodity prices, which can affect the profitability of its mining operations.

Ximen Mining Financial Statement Overview

Summary

Very weak operating fundamentals: no revenue, ongoing net losses, and negative operating/free cash flow indicating continued cash burn. Balance sheet risk is elevated with negative shareholders’ equity, which can constrain funding flexibility despite relatively modest absolute debt.

Income Statement

TTM (Trailing-Twelve-Months) results show no revenue and a continued net loss (about -3.0M), with negative gross profit, indicating the company is not yet operating at a self-sustaining production/revenue level. Losses have narrowed versus prior years (net loss improved from about -5.8M in 2021 and -5.7M in 2022 to -3.3M in 2025 annual), which is a positive trajectory, but profitability remains deeply negative and visibility is limited without top-line generation.

Balance Sheet

The balance sheet shows a meaningful deterioration in capital structure: shareholders’ equity is negative in TTM (Trailing-Twelve-Months) (about -2.76M), down from positive levels in 2021–2022, which increases financial risk and can constrain funding flexibility. Debt is present but not extreme in absolute terms (about 0.48M TTM), and total assets are about 1.59M; however, negative equity is the central weakness and suggests accumulated losses have overwhelmed the capital base.

Cash Flow

Cash generation remains weak with negative operating cash flow in TTM (Trailing-Twelve-Months) (about -1.66M) and similarly negative free cash flow, indicating ongoing cash burn. While free cash outflow improved versus the 2025 annual level (about -2.22M), the TTM free cash flow decline rate is unfavorable and ongoing negative operating cash flow implies continued reliance on external financing or asset sales to fund operations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-75.21K	-100.07K	-229.02K	-403.23K	-378.77K	-391.95K
EBITDA	-2.64M	-3.01M	-3.21M	-4.52M	-5.18M	-5.25M
Net Income	-3.00M	-3.32M	-3.52M	-4.94M	-5.65M	-5.80M
Balance Sheet
Total Assets	1.59M	1.59M	2.23M	3.22M	4.46M	3.21M
Cash, Cash Equivalents and Short-Term Investments	1.63K	1.18K	933.00	27.84K	547.86K	129.87K
Total Debt	478.08K	401.09K	38.79K	50.70K	0.00	0.00
Total Liabilities	4.21M	3.65M	2.29M	1.77M	1.48M	866.46K
Stockholders Equity	-2.76M	-2.19M	-197.38K	1.31M	2.84M	2.19M
Cash Flow
Free Cash Flow	-1.66M	-2.22M	-1.70M	-3.14M	-5.44M	-4.60M
Operating Cash Flow	-1.66M	-2.22M	-1.68M	-3.00M	-4.69M	-3.61M
Investing Cash Flow	0.00	0.00	-5.21K	-140.22K	-778.83K	-907.88K
Financing Cash Flow	1.62M	2.22M	1.68M	2.69M	5.92M	3.81M

Ximen Mining Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• 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 Neutral. The current price of 0.06 is below the 20-day moving average (MA) of 0.08, below the 50-day MA of 0.07, and below the 200-day MA of 0.10, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 52.03 is Neutral, neither overbought nor oversold. The STOCH value of 37.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:XIM.

Ximen Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
XIM	47 Neutral	C$4.89M	-1.49	―	―	―	45.20%
GGC	46 Neutral	C$4.27M	-10.48	-234.17%	―	―	26.19%
LORD	42 Neutral	C$4.54M	-8.22	―	―	―	-42.93%
SMP	17 Underperform	$6.15M	-0.49	-231.76%	―	―	-286.86%

Ximen Mining Corporate Events

Ximen Mining Launches $500,000 Private Placement to Fund B.C. Exploration

Ximen Mining Corp. has arranged a non-brokered private placement of 10 million units at $0.05 per unit to raise gross proceeds of $500,000, with each unit comprising one common share and a warrant exercisable at $0.10 for 18 months, subject to TSX Venture Exchange approval and customary hold periods and finder’s fees. The company plans to use the net proceeds to fund exploration on its British Columbia mineral properties and for general working capital, with potential participation from directors and other insiders, underlining its ongoing efforts to advance its portfolio of precious metal assets in a challenging junior mining financing environment.

The most recent analyst rating on (TSE:XIM) stock is a Hold with a C$0.08 price target. To see the full list of analyst forecasts on Ximen Mining stock, see the TSE:XIM Stock Forecast page.