Ximen Mining (XIM) AI Stock Analysis

• Market Cap: C$6.58M
• Dividend Yield: N/A
• Average Volume (3M): 27.73K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.52
• Revenue Growth: N/A
• EPS Growth: 40.00%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Gold
• EPS (TTM): -0.01
• Shares Outstanding: 57,222,713
• 10 Day Avg. Volume: 44,432
• 30 Day Avg. Volume: 27,730
• PEG Ratio: 0.07
• Price to Book (P/B): 8.92
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.72
• 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

• Rating: 31 Underperform
• Price Target: ―

Ximen Mining's overall stock score is driven by substantial financial challenges, including consistent losses and negative equity, which weigh heavily on the evaluation. Despite these issues, positive corporate events provide some optimism for future operations and production capability. However, the current technical weakness and poor valuation metrics limit the stock's attractiveness.

Ximen Mining Business Overview & Revenue Model

Company Description

Ximen Mining Corp (XIM) is a publicly traded company focused on the exploration, acquisition, and development of gold, silver, and other metal resource properties in British Columbia, Canada. The company operates in the mining industry and is engaged in advancing projects from exploration to production, aiming to create shareholder value through strategic project development and asset acquisition.

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

Ximen Mining shows significant financial challenges. With negative gross profit, EBIT, and net income, coupled with a negative stockholders' equity and declining asset base, the company's financial health is concerning. Negative operating and free cash flows further highlight inefficiencies and sustainability risks.

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	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-138.45K	-229.02K	-403.23K	-378.77K	-3.01M	-15.94K
EBITDA	-3.50M	-3.21M	-4.52M	-5.18M	-5.25M	-7.08M
Net Income	-3.77M	-3.52M	-4.94M	-5.65M	-5.80M	-7.30M
Balance Sheet
Total Assets	2.07M	2.23M	3.22M	4.46M	3.21M	4.09M
Cash, Cash Equivalents and Short-Term Investments	8.41K	933.00	27.84K	547.86K	129.87K	875.49K
Total Debt	12.94K	38.79K	50.70K	0.00	0.00	13.50K
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: Negative
• Last Price: 0.12
• 50DMA: Negative
• 100DMA: Negative
• 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 Negative. The current price of 0.12 is below the 20-day moving average (MA) of 0.13, below the 50-day MA of 0.13, and above the 200-day MA of 0.11, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 45.61 is Neutral, neither overbought nor oversold. The STOCH value of 24.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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	―	-0.29%	―	-18.13%	60.10%
VZZ	44 Neutral	C$6.00M	―	-8.47%	―	22.12%	-466.04%
Sector *	44 Neutral	C$953.01M	-6.70	-13.31%	2.79%	17.55%	-32.28%
MMG	41 Neutral	C$43.96M	―	-55.36%	―	―	41.78%
BTR	39 Underperform	C$34.55M	―	-129.79%	―	―	-4.84%
OMM	36 Underperform	C$12.58M	―	-50.38%	―	―	18.85%
XIM	31 Underperform	C$6.58M	―	-785.02%	―	―	40.00%

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.