Excellon Resources (OTCMKTS:EXNRF) Shares Down 6.9% - Time to Sell?

Key Points

• Excellon Resources' stock price declined by 6.9%, trading as low as $0.21 before closing at $0.22.
• The company has a market capitalization of $54.72 million and operates primarily in the acquisition and exploration of mineral properties, focusing on silver, lead, zinc, and gold.
• Excellon holds significant interests in properties located in Mexico and Germany, including the Platosa and Evolución properties covering over 42,280 hectares.

Excellon Resources Inc. (OTCMKTS:EXNRF - )'s stock price traded down 6.9% on Tuesday . The company traded as low as $0.21 and last traded at $0.22. 610,166 shares traded hands during trading, an increase of 3% from the average session volume of 592,887 shares. The stock had previously closed at $0.23.

Excellon Resources Price Performance

The company has a fifty day moving average of $0.21 and a 200-day moving average of $0.15. The firm has a market cap of $54.72 million, a P/E ratio of -7.26 and a beta of 0.94. 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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