Excellon Resources Inc. (OTCMKTS:EXNRF) Short Interest Update

Key Points

• Excellon Resources Inc. experienced a dramatic increase in short interest, rising 7,147.4% from 13,300 shares to 963,900 shares as of August 31.
• The company’s stock price currently stands at $0.21, with a market capitalization of $53.41 million and a significant 52-week price range from $0.06 to $0.29.
• Excellon Resources focuses on the acquisition and exploration of mineral properties, specifically targeting deposits of silver, lead, zinc, and gold in regions such as Mexico and Germany.

Excellon Resources Inc. (OTCMKTS:EXNRF - ) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 963,900 shares, a growth of 7,147.4% from the August 15th total of 13,300 shares. Based on an average daily trading volume, of 967,400 shares, the short-interest ratio is presently 1.0 days. Approximately 0.4% of the shares of the stock are short sold. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 967,400 shares, the short-interest ratio is presently 1.0 days.

Excellon Resources Price Performance

Excellon Resources stock traded up $0.01 during midday trading on Thursday, hitting $0.21. 4,601 shares of the company's stock were exchanged, compared to its average volume of 258,186. The company has a market cap of $53.41 million, a P/E ratio of -7.09 and a beta of 0.94. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.14 and a current ratio of 0.14. The stock has a 50-day moving average price of $0.21 and a two-hundred day moving average price of $0.14. Excellon Resources has a 52-week low of $0.06 and a 52-week high of $0.29.

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.

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