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

Key Points

• Excellon Resources Inc. experienced a significant increase in short interest, rising by 216.5% from 162,100 shares to a total of 513,100 shares as of September 30th.
• The company's stock price is currently at $0.22, with a market capitalization of $72.61 million, and it has a PE ratio of -7.46.
• Excellon Resources focuses on the acquisition and exploration of mineral properties, primarily looking for deposits of silver, lead, zinc, and gold in Mexico and Germany.

Excellon Resources Inc. (OTCMKTS:EXNRF - ) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 513,100 shares, a growth of 216.5% from the September 15th total of 162,100 shares. Based on an average trading volume of 1,251,300 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 1,251,300 shares, the short-interest ratio is presently 0.4 days.

Excellon Resources Price Performance

Shares of OTCMKTS:EXNRF traded down $0.03 on Friday, reaching $0.22. 1,206,729 shares of the company traded hands, compared to its average volume of 614,291. Excellon Resources has a fifty-two week low of $0.06 and a fifty-two week high of $0.30. The company's 50 day moving average is $0.22 and its 200-day moving average is $0.17. The stock has a market capitalization of $72.61 million, a PE ratio of -7.46 and a beta of 0.95. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.92 and a quick ratio of 0.92.

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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