Excellon Resources (OTCMKTS:EXNRF) Trading Down 1.2% – Here’s Why

Shares of Excellon Resources Inc. (OTCMKTS:EXNRF) traded down 1.2% on Tuesday . The stock traded as low as $0.4324 and last traded at $0.47. 458,579 shares changed hands during trading, a decline of 22% from the average session volume of 584,763 shares. The stock had previously closed at $0.4758.

Excellon Resources Price Performance

The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.30. The company has a 50 day simple moving average of $0.41 and a 200 day simple moving average of $0.28. The stock has a market cap of $162.89 million, a P/E ratio of -15.89 and a beta of 0.71.

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.