Excellon Resources (EXN) Trading Up 11.6%
Excellon Resources Inc. (TSE:EXN) was up 11.6% on Wednesday . The company traded as high as C$0.77 and last traded at C$0.77. Approximately 140,000 shares changed hands during trading, an increase of 35% from the average daily volume of 103,989 shares. The stock had previously closed at C$0.69.
A number of equities research analysts recently weighed in on EXN shares. Cormark cut their price objective on shares of Excellon Resources from C$2.55 to C$2.00 in a research note on Friday, July 27th. Pi Financial cut their price objective on shares of Excellon Resources from C$2.15 to C$2.00 in a research note on Friday, September 7th.
The company has a debt-to-equity ratio of 1.45, a quick ratio of 2.79 and a current ratio of 3.19.
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About Excellon Resources (TSE:EXN)
Excellon Resources Inc, a silver mining and exploration company, engages in the acquisition, exploration, development, and mining of mineral properties in Mexico and Canada. The company explores for silver-lead and silver-zinc concentrates. Its principal properties include the Platosa property covering a total area of approximately 20,947 hectares located in northeastern Durango State, Mexico; and the Miguel Auza property covering an area of 14,000 hectares situated in the northern Fresnillo silver trend in Zacatecas, Mexico.
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