TSXV:XIM

Stock Analysis Report

Executive Summary

Ximen Mining Corp. engages in the acquisition, exploration, and evaluation of mineral properties in British Columbia, Canada.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Ximen Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-16.3%

XIM

-3.8%

CA Metals and Mining

0.2%

CA Market


1 Year Return

63.6%

XIM

10.6%

CA Metals and Mining

1.2%

CA Market

Return vs Industry: XIM exceeded the Canadian Metals and Mining industry which returned 10.6% over the past year.

Return vs Market: XIM exceeded the Canadian Market which returned 1.2% over the past year.


Shareholder returns

XIMIndustryMarket
7 Day-16.3%-3.8%0.2%
30 Day-14.3%-4.9%-2.5%
90 Day-51.4%-5.9%-1.5%
1 Year63.6%63.6%11.5%10.6%4.7%1.2%
3 Year-44.6%-44.6%-12.5%-14.1%14.0%3.8%
5 Year-78.2%-78.2%5.5%1.5%26.4%8.1%

Price Volatility Vs. Market

How volatile is Ximen Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Ximen Mining undervalued compared to its fair value and its price relative to the market?

9.98x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate XIM's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate XIM's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: XIM is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: XIM is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate XIM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: XIM is overvalued based on its PB Ratio (10x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

How is Ximen Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

45.5%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ximen Mining has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Ximen Mining performed over the past 5 years?

27.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: XIM is unprofitable, but has reduced losses over the past 5 years at a rate of 27.7% per year.

Accelerating Growth: Unable to compare XIM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: XIM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-13.7%).


Return on Equity

High ROE: XIM has a negative Return on Equity (-175.24%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: XIM is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: XIM is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Ximen Mining's financial position?


Financial Position Analysis

Short Term Liabilities: XIM's short term assets (CA$1.3M) exceeds its short term liabilities (CA$295.6K)

Long Term Liabilities: XIM has no long term liabilities


Debt to Equity History and Analysis

Debt Level: XIM is debt free.

Reducing Debt: XIM has no debt compared to 5 years ago when its debt to equity ratio was 1.6%.


Balance Sheet

Inventory Level: XIM has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if XIM's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: XIM has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: XIM has less than a year of cash runway if free cash flow continues to reduce at historical rates of -7.6% each year


Next Steps

Dividend

What is Ximen Mining's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.9%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate XIM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate XIM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if XIM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if XIM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of XIM's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

What is the CEO of Ximen Mining's salary, the management and board of directors tenure and is there insider trading?

1.3yrs

Average management tenure


CEO

Chris Anderson 0

5.8yrs

Tenure

CA$300,264

Compensation

Mr. Christopher Ross Anderson, also known as Chris, is Chief Executive Officer of Great Atlantic Resources Corp since December 4, 2013 and its President since November 27, 2013. Mr. Anderson has been the C ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Chris's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.


Management Age and Tenure

1.3yrs

Average Tenure

48yo

Average Age

Experienced Management: XIM's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Age and Tenure

2.5yrs

Average Tenure

69yo

Average Age

Experienced Board: XIM's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: XIM insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellCA$7,50906 Oct 19
Wesley Warthe-Anderson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares15,000
Max PriceCA$0.52
SellCA$2,50103 Oct 19
Nicolette Keith
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares5,000
Max PriceCA$0.50
SellCA$3,34502 Oct 19
Nicolette Keith
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares7,500
Max PriceCA$0.45
SellCA$2,60021 Aug 19
Wesley Warthe-Anderson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,000
Max PriceCA$0.52
SellCA$14,41008 Aug 19
Nicolette Keith
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares23,000
Max PriceCA$0.66
SellCA$4,62706 Aug 19
Nicolette Keith
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares7,500
Max PriceCA$0.65
SellCA$12,30002 Jul 19
Wesley Warthe-Anderson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares20,000
Max PriceCA$0.62
SellCA$4,90027 May 19
Wesley Warthe-Anderson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares10,000
Max PriceCA$0.49
SellCA$6,73224 May 19
Wesley Warthe-Anderson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares13,500
Max PriceCA$0.50
SellCA$3,18523 May 19
Wesley Warthe-Anderson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares6,500
Max PriceCA$0.49
SellCA$8,20022 Apr 19
Wesley Warthe-Anderson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares10,000
Max PriceCA$0.82
SellCA$5,15729 Mar 19
Wesley Warthe-Anderson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares10,000
Max PriceCA$0.52
BuyCA$6,02625 Mar 19
Wesley Warthe-Anderson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares10,000
Max PriceCA$0.61
SellCA$69,25017 Jan 19
Christopher Anderson
EntityIndividual
Role
Chief Executive Officer
President
Shares150,000
Max PriceCA$0.47
SellCA$26,25028 Dec 18
Christopher Anderson
EntityIndividual
Role
Chief Executive Officer
President
Shares75,000
Max PriceCA$0.35

Ownership Breakdown


Management Team

  • Al Beaton (69yo)

    Active Member of Technical Team & Advisor

    • Tenure: 0yrs
  • Matt Ball

    Vice President of Exploration

    • Tenure: 0.7yrs
  • Chris Anderson

    President

    • Tenure: 5.8yrs
    • Compensation: CA$300.26k
  • Nicolette Keith (48yo)

    Chief Financial Officer

    • Tenure: 1.4yrs
  • Shervin Teymouri (37yo)

    Consultant & Advisor

    • Tenure: 1.2yrs
    • Compensation: CA$8.46k

Board Members

  • Shaun Dykes

    • Tenure: 1.5yrs
  • Roy Davis

    Director

    • Tenure: 2.5yrs
    • Compensation: CA$8.46k
  • Mohan Vulimiri (71yo)

    • Tenure: 0yrs
  • Al Beaton (69yo)

    Active Member of Technical Team & Advisor

    • Tenure: 0yrs
  • Scott Kent

    Director

    • Tenure: 4.5yrs
    • Compensation: CA$9.46k
  • Chris Anderson

    President

    • Tenure: 5.8yrs
    • Compensation: CA$300.26k
  • Shervin Teymouri (37yo)

    Consultant & Advisor

    • Tenure: 1.2yrs
    • Compensation: CA$8.46k
  • Wesley Warthe-Anderson

    Director

    • Tenure: 2.7yrs
    • Compensation: CA$8.46k
  • Alex McPherson

    • Tenure: 0yrs
  • Peter Cooper

    • Tenure: 1.8yrs

Company Information

Ximen Mining Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ximen Mining Corp.
  • Ticker: XIM
  • Exchange: TSXV
  • Founded: 2006
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$14.189m
  • Shares outstanding: 39.41m
  • Website: https://ximenminingcorp.com

Location

  • Ximen Mining Corp.
  • 888 Dunsmuir Street
  • Suite 888
  • Vancouver
  • British Columbia
  • V6C 3K4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
XIMTSXV (TSX Venture Exchange)YesCommon SharesCACADDec 2007
XXMM.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2007
1XMADB (Deutsche Boerse AG)YesCommon SharesDEEURDec 2007

Biography

Ximen Mining Corp. engages in the acquisition, exploration, and evaluation of mineral properties in British Columbia, Canada. It primarily explores for gold, silver, lead, and zinc deposits. The company pr ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 00:03
End of Day Share Price2019/10/16 00:00
Earnings2019/03/31
Annual Earnings2018/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.