Excellon Resources Inc. (OTCMKTS:EXNRF) Sees Large Drop in Short Interest

Excellon Resources Inc. (OTCMKTS:EXNRF) saw a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 437 shares, a drop of 99.7% from the April 15th total of 142,593 shares. Based on an average daily trading volume, of 351,664 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Excellon Resources Stock Performance

EXNRF traded up $0.02 during trading on Monday, reaching $0.39. 403,950 shares of the company’s stock were exchanged, compared to its average volume of 226,295. Excellon Resources has a 1 year low of $0.07 and a 1 year high of $0.56. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.25 and a quick ratio of 1.25. The stock has a market capitalization of $147.52 million, a P/E ratio of -12.83 and a beta of 0.82. The company’s fifty day simple moving average is $0.34 and its 200-day simple moving average is $0.33.

Excellon Resources Company Profile

Excellon Resources Inc (OTCMKTS: EXNRF) is a Canadian precious metals mining and exploration company focused on silver, lead and zinc assets in Mexico. The company’s principal producing asset is the Platosa Mine, located in the historic Fresnillo district of Durango state. Platosa has been in production since the mid-2000s and is noted for its high-grade silver-lead-zinc carbonate replacements, which are mined via underground operations and processed at an on-site facility.

In addition to its producing operation, Excellon maintains a portfolio of exploration and development projects in Mexico and Canada.