Excellon Resources Inc. (OTCMKTS:EXNRF) Sees Large Drop in Short Interest

Excellon Resources Inc. (OTCMKTS:EXNRF) saw a significant decrease in short interest in the month of September. As of September 15th, there was short interest totalling 72,200 shares, a decrease of 11.0% from the August 31st total of 81,100 shares. Based on an average daily trading volume, of 189,700 shares, the short-interest ratio is currently 0.4 days.

Excellon Resources Price Performance

Excellon Resources stock opened at $0.09 on Friday. Excellon Resources has a 52-week low of $0.05 and a 52-week high of $0.19. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.23 and a current ratio of 0.23. The firm has a 50 day moving average price of $0.08 and a two-hundred day moving average price of $0.11. The firm has a market cap of $9.65 million, a price-to-earnings ratio of -0.26 and a beta of 1.02.

Excellon Resources Company Profile

Excellon Resources Inc engages in the acquisition, exploration, and advancement of mineral properties. It primarily explores for silver, lead, zinc, and gold deposits, as well as base metals. The company holds 100% interests in the Platosa property covering an area of approximately 11,000 hectares located in Durango State, Mexico; the Evolución property that covers an area of 31,280 hectares situated in the states of Durango and Zacatecas, Mexico; and the Silver City project totaling an area of 340 square kilometers in Saxony, Germany.