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Ximen Mining

TSXV:XIM
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
XIM
TSXV
CA$19M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Ximen Mining Corp. engages in the acquisition, exploration, and evaluation of mineral properties in British Columbia, Canada. The last earnings update was 24 days ago. More info.


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  • Ximen Mining has significant price volatility in the past 3 months.
XIM Share Price and Events
7 Day Returns
-1.7%
TSXV:XIM
1.7%
CA Metals and Mining
-0%
CA Market
1 Year Returns
197.4%
TSXV:XIM
-3.9%
CA Metals and Mining
2.6%
CA Market
XIM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ximen Mining (XIM) -1.7% -6.5% 152.2% 197.4% 132% -88.4%
CA Metals and Mining 1.7% -0.5% 14.3% -3.9% 15% -18.9%
CA Market -0% 0.4% 15% 2.6% 16.8% 5.3%
1 Year Return vs Industry and Market
  • XIM outperformed the Metals and Mining industry which returned -3.9% over the past year.
  • XIM outperformed the Market in Canada which returned 2.6% over the past year.
Price Volatility
XIM
Industry
5yr Volatility vs Market

XIM Value

 Is Ximen Mining undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Ximen Mining. This is due to cash flow or dividend data being unavailable. The share price is CA$0.58.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ximen Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ximen Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:XIM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.07
TSXV:XIM Share Price ** TSXV (2019-03-22) in CAD CA$0.58
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.35x
Canada Market PE Ratio Median Figure of 551 Publicly-Listed Companies 14.94x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ximen Mining.

TSXV:XIM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:XIM Share Price ÷ EPS (both in CAD)

= 0.58 ÷ -0.07

-8.19x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ximen Mining is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Ximen Mining is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Ximen Mining's expected growth come at a high price?
Raw Data
TSXV:XIM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -8.19x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.65x
Canada Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ximen Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ximen Mining's assets?
Raw Data
TSXV:XIM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.02
TSXV:XIM Share Price * TSXV (2019-03-22) in CAD CA$0.58
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.46x
Canada Market PB Ratio Median Figure of 2,351 Publicly-Listed Companies 1.57x
TSXV:XIM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:XIM Share Price ÷ Book Value per Share (both in CAD)

= 0.58 ÷ 0.02

25.44x

* Primary Listing of Ximen Mining.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ximen Mining is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Ximen Mining's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Ximen Mining has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

XIM Future Performance

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

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
34.4%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ximen Mining expected to grow at an attractive rate?
  • Unable to compare Ximen Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Ximen Mining's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Ximen Mining's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:XIM Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.4%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18.1%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:XIM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:XIM Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 -1 -2
2018-09-30 -1 -1
2018-06-30 -1 -1
2018-03-31 -1 -1
2017-12-31 -1 -2
2017-09-30 -1 -2
2017-06-30 -2 -2
2017-03-31 -1 -2
2016-12-31 -1 -1
2016-09-30 -1 -2
2016-06-30 -1 -1
2016-03-31 -1 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Ximen Mining is high growth as no earnings estimate data is available.
  • Unable to determine if Ximen Mining is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:XIM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ximen Mining Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:XIM Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.07
2018-09-30 -0.04
2018-06-30 -0.05
2018-03-31 -0.07
2017-12-31 -0.09
2017-09-30 -0.12
2017-06-30 -0.17
2017-03-31 -0.18
2016-12-31 -0.17
2016-09-30 -0.23
2016-06-30 -0.21
2016-03-31 -0.32

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ximen Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Ximen Mining's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Ximen Mining's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Ximen Mining's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Ximen Mining's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ximen Mining has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

XIM Past Performance

  How has Ximen Mining performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ximen Mining's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ximen Mining does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Ximen Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ximen Mining's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Ximen Mining's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ximen Mining Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:XIM Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -1.61 1.58
2018-09-30 -0.83 0.85
2018-06-30 -0.95 0.89
2018-03-31 -1.30 1.34
2017-12-31 -1.55 1.53
2017-09-30 -1.71 1.52
2017-06-30 -2.09 2.04
2017-03-31 -1.61 1.77
2016-12-31 -1.31 1.49
2016-09-30 -1.57 1.97
2016-06-30 -1.39 1.71
2016-03-31 -1.99 2.09
2015-12-31 -2.69 2.75
2015-09-30 -2.93 2.97
2015-06-30 -4.54 4.58
2015-03-31 -6.93 7.04
2014-12-31 -6.48 6.31
2014-09-30 -5.35 5.24
2014-06-30 -3.54 3.42
2014-03-31 -0.68 0.46
2013-12-31 -0.30 0.32
2013-09-30 -0.39 0.37
2013-06-30 -0.37 0.36
2013-03-31 -0.44 0.46
2012-12-31 -0.56 0.52
2012-09-30 -2.16 0.47
2012-06-30 -2.15 0.51
2012-03-31 -2.78 0.57

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Ximen Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Ximen Mining has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Ximen Mining improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Ximen Mining's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ximen Mining has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

XIM Health

 How is Ximen Mining's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ximen Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ximen Mining is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ximen Mining has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ximen Mining's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Ximen Mining has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ximen Mining Company Filings, last reported 2 months ago.

TSXV:XIM Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 0.66 0.00 0.57
2018-09-30 0.17 0.00 0.30
2018-06-30 0.17 0.00 0.09
2018-03-31 0.34 0.00 0.24
2017-12-31 0.20 0.00 0.29
2017-09-30 0.14 0.00 0.33
2017-06-30 0.21 0.00 0.42
2017-03-31 0.02 0.14 0.23
2016-12-31 -0.71 0.63 0.23
2016-09-30 -1.13 0.82 0.34
2016-06-30 -1.22 0.81 0.08
2016-03-31 -1.24 0.83 0.00
2015-12-31 -1.35 0.92 0.01
2015-09-30 -0.67 0.24 0.04
2015-06-30 -0.43 0.00 0.00
2015-03-31 -0.38 0.00 0.03
2014-12-31 -0.47 0.01 0.15
2014-09-30 -0.21 0.10 0.03
2014-06-30 0.12 0.00 0.16
2014-03-31 1.92 0.03 0.87
2013-12-31 0.02 0.06 0.02
2013-09-30 -0.39 0.03 0.01
2013-06-30 -0.51 0.05 0.01
2013-03-31 -0.40 0.03 0.00
2012-12-31 -0.36 0.03 0.00
2012-09-30 -0.26 0.00 0.00
2012-06-30 -0.19 0.00 0.03
2012-03-31 -0.53 0.13 0.02
  • Ximen Mining has no debt.
  • Ximen Mining has no debt compared to 5 years ago when it was 136.9%.
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.

  • Ximen Mining has less than a year of cash runway based on current free cash flow.
  • Ximen Mining has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.3% each year.
X
Financial health checks
We assess Ximen Mining's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ximen Mining has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

XIM Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Ximen Mining dividends.
If you bought CA$2,000 of Ximen Mining shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Ximen Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ximen Mining's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:XIM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.1%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Ximen Mining has not reported any payouts.
  • Unable to verify if Ximen Mining's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ximen Mining's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ximen Mining has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ximen Mining's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ximen Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ximen Mining has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

XIM Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Chris Anderson
COMPENSATION CA$291,136
TENURE AS CEO 5.3 years
CEO Bio

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 Chief Executive Officer, President of Alliance Mining Corp. since March 28, 2012. Mr. Anderson has over 25 years of business experience with an emphasis on strategic planning, communications and creative marketing. He is instrumental in facilitating several millions of dollars in financing for both public and private enterprise with a recent focus on the mineral exploration industry. He has been Director of Ximen Mining Corp. since December 04, 2013. He has been a Non-Independent Director of Great Atlantic Resources Corp. since April 27, 2011; Alliance Mining Corp. since March 28, 2012. Mr. Anderson serves as a Director of Elm Tree Minerals Inc.

CEO Compensation
  • Chris's compensation has increased whilst company is loss making.
  • Chris's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Ximen Mining management team in years:

0.7
Average Tenure
46
Average Age
  • The average tenure for the Ximen Mining management team is less than 2 years, this suggests a new team.
Management Team

Chris Anderson

TITLE
President
COMPENSATION
CA$291K
TENURE
5.3 yrs

Nicolette Keith

TITLE
Chief Financial Officer
AGE
46
TENURE
0.8 yrs

Shervin Teymouri

TITLE
Consultant & Technical Advisor
COMPENSATION
CA$18K
AGE
35
TENURE
0.6 yrs

Matt Ball

TITLE
Vice President of Exploration
TENURE
0.1 yrs

Al Beaton

TITLE
Active Member of Technical Team & Advisor
AGE
68
Board of Directors Tenure

Average tenure and age of the Ximen Mining board of directors in years:

2.1
Average Tenure
68
Average Age
  • The average tenure for the Ximen Mining board of directors is less than 3 years, this suggests a new board.
Board of Directors

Chris Anderson

TITLE
President
COMPENSATION
CA$291K
TENURE
5.3 yrs

Shervin Teymouri

TITLE
Consultant & Technical Advisor
COMPENSATION
CA$18K
AGE
35
TENURE
2.8 yrs

Al Beaton

TITLE
Active Member of Technical Team & Advisor
AGE
68

Scott Kent

TITLE
Director
COMPENSATION
CA$23K
TENURE
3.9 yrs

Mohan Vulimiri

TITLE
AGE
70

Alex McPherson

TITLE

Wesley Warthe-Anderson

TITLE
Director
COMPENSATION
CA$22K
TENURE
2.1 yrs

Roy Davis

TITLE
Director
TENURE
1.9 yrs

Shaun Dykes

TITLE
TENURE
0.9 yrs

Peter Cooper

TITLE
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • Ximen Mining insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
17. Jan 19 Sell Christopher Anderson Individual 14. Jan 19 14. Jan 19 -150,000 CA$0.47 CA$-69,250
28. Dec 18 Sell Christopher Anderson Individual 07. Dec 18 07. Dec 18 -75,000 CA$0.35 CA$-26,250
15. Oct 18 Buy Christopher Anderson Individual 12. Oct 18 12. Oct 18 15,000 CA$0.20 CA$2,935
02. Oct 18 Buy Christopher Anderson Individual 27. Sep 18 01. Oct 18 102,000 CA$0.17 CA$16,546
20. Sep 18 Buy Christopher Anderson Individual 14. Sep 18 19. Sep 18 165,500 CA$0.15 CA$23,926
04. Sep 18 Buy Christopher Anderson Individual 31. Aug 18 31. Aug 18 70,000 CA$0.16 CA$11,200
14. Aug 18 Buy Christopher Anderson Individual 02. Aug 18 13. Aug 18 174,000 CA$0.17 CA$28,075
28. Jun 18 Buy Christopher Anderson Individual 25. Jun 18 27. Jun 18 429,000 CA$0.16 CA$67,139
08. Jun 18 Buy Christopher Anderson Individual 06. Jun 18 08. Jun 18 10,000 CA$0.17 CA$1,703
01. Jun 18 Buy Christopher Anderson Individual 30. May 18 30. May 18 91,000 CA$0.21 CA$19,110
18. May 18 Buy Christopher Anderson Individual 14. May 18 18. May 18 128,500 CA$0.22 CA$28,034
17. Apr 18 Buy Christopher Anderson Individual 11. Apr 18 13. Apr 18 8,000 CA$0.20 CA$1,561
11. Apr 18 Buy Christopher Anderson Individual 06. Apr 18 06. Apr 18 26,500 CA$0.20 CA$5,380
29. Mar 18 Buy Christopher Anderson Individual 27. Mar 18 28. Mar 18 28,000 CA$0.20 CA$5,476
X
Management checks
We assess Ximen Mining's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ximen Mining has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

XIM News

Simply Wall St News

Is Ximen Mining Corp's (CVE:XIM) CEO Overpaid Relative To Its Peers?

Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … Incentives can be in the form of compensation, which should always be structured in a way that promotes value-creation to shareholders. … CEOs leading companies of similar size and profitability

Simply Wall St -

What You Must Know About Ximen Mining Corp's (CVE:XIM) Major Investors

With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Private Company Ownership Potential investors in XIM should also look at another important group of investors: private companies, with a stake of 0.73%, who are primarily invested because of strategic and capital gain interests. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: A relatively significant holding of company insiders could mean high alignment with shareholders.

Simply Wall St -

Before You Buy Ximen Mining Corp's (CVE:XIM), Consider This

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … Ximen Mining has a beta of 4.99, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … However, this is the opposite to what XIM’s actual beta value suggests, which is higher stock volatility relative to the market.

Simply Wall St -

Is Ximen Mining Corp (TSXV:XIM) Still A Cheap Basic Materials Stock?

TSXV:XIM PE PEG Gauge Nov 17th 17 The metals and mining industry is trading at a PE ratio of 11x, below the broader Canadian stock market PE of 17x. … If your initial investment thesis is around the growth prospects of XIM, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … Although its growth has delivered lower growth relative to its metals and mining peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.

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When Will Ximen Mining Corp (TSXV:XIM) Run Out Of Cash?

My cash burn analysis suggests that, if XIM continues to spend its cash reserves at this current high rate, it’ll have to raise capital within the upcoming months, which may be a surprise to some shareholders. … The outcome of this analysis should shed some light on XIM’s cash situation and the risks you may or may not have been aware of as a shareholder of the company. … The outcome of my analysis suggests that if XIM maintains the rate of opex growth, it will run out of cash within the year.

Simply Wall St -

XIM Company Info

Description

Ximen Mining Corp. engages in the acquisition, exploration, and evaluation of mineral properties in British Columbia, Canada. It primarily explores for gold deposits. The company holds a 100% interest in the Treasure Mountain property located to the east of Hope, British Columbia; and the Dentonia South property located to the south of Greenwood, British Columbia. It also holds a 100% interest in the Bouleau property located near Vernon, 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 founded in 2006 and is headquartered in Vancouver, Canada.

Details
Name: Ximen Mining Corp.
XIM
Exchange: TSXV
Founded: 2006
CA$18,692,834
32,229,025
Website: http://ximenminingcorp.com
Address: Ximen Mining Corp.
888 Dunsmuir Street,
Suite 888,
Vancouver,
British Columbia, V6C 3K4,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV XIM Common Shares TSX Venture Exchange CA CAD 20. Dec 2007
OTCPK XXMM.F Common Shares Pink Sheets LLC US USD 20. Dec 2007
DB 1XMA Common Shares Deutsche Boerse AG DE EUR 20. Dec 2007
Number of employees
Current staff
Staff numbers
0
Ximen Mining employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/24 00:04
End of day share price update: 2019/03/22 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.