Excellon Resources (OTCMKTS:EXNRF) Trading Down 1.6% - Time to Sell?

Key Points

• Excellon Resources shares fell by 1.6% during trading, closing at $0.22, with a trading volume nearly double the average.
• The company has a market cap of $69.46 million and a PE ratio of -7.33.
• Excellon engages in the exploration and advancement of mineral properties primarily in Mexico and Germany, focusing on deposits of silver, lead, zinc, and gold.

Excellon Resources Inc. (OTCMKTS:EXNRF - )'s share price dropped 1.6% during trading on Wednesday . The stock traded as low as $0.22 and last traded at $0.22. Approximately 1,178,223 shares were traded during trading, an increase of 88% from the average daily volume of 625,916 shares. The stock had previously closed at $0.22.

Excellon Resources Stock Performance

The stock has a market cap of $69.46 million, a PE ratio of -7.33 and a beta of 0.95. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.72. The firm has a 50 day moving average price of $0.21 and a 200 day moving average price of $0.16.

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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