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

Excellon Resources Inc. (OTCMKTS:EXNRF) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 82,970 shares, a decline of 59.6% from the May 31st total of 205,250 shares. Based on an average daily volume of 624,412 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Excellon Resources Stock Performance

EXNRF opened at $0.24 on Monday. The business has a 50 day moving average price of $0.32 and a two-hundred day moving average price of $0.35. 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 company has a market capitalization of $93.94 million, a price-to-earnings ratio of -8.14 and a beta of 0.87. Excellon Resources has a 1-year low of $0.16 and a 1-year high of $0.56.

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.