Short Interest in Excellon Resources Inc. (OTCMKTS:EXNRF) Declines By 83.2%

Key Points

• Excellon Resources Inc. (OTCMKTS:EXNRF) experienced an 83.2% decline in short interest in September, dropping from 963,900 shares to 162,100 shares.
• The company's current stock price is around $0.24, with a 52-week low of $0.06 and a high of $0.30, reflecting significant market activity.
• Excellon Resources focuses on the exploration and advancement of mineral properties, primarily targeting silver, lead, zinc, and gold in locations including Mexico and Germany.

Excellon Resources Inc. (OTCMKTS:EXNRF - ) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 162,100 shares, a decline of 83.2% from the August 31st total of 963,900 shares. Based on an average trading volume of 1,425,200 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 1,425,200 shares, the days-to-cover ratio is currently 0.1 days.

Excellon Resources Price Performance

OTCMKTS:EXNRF opened at $0.24 on Wednesday. Excellon Resources has a 52 week low of $0.06 and a 52 week high of $0.30. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.92 and a current ratio of 0.92. The firm's 50-day simple moving average is $0.21 and its 200 day simple moving average is $0.16. The firm has a market cap of $74.26 million, a price-to-earnings ratio of -7.84 and a beta of 0.94.

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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