Excellon Resources (TSE:EXN) Trading 5% Higher – Time to Buy?

Excellon Resources Inc. (TSE:EXNGet Free Report)’s share price traded up 5% during mid-day trading on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11. 285,800 shares were traded during mid-day trading, an increase of 92% from the average session volume of 148,828 shares. The stock had previously closed at C$0.10.

Excellon Resources Stock Performance

The company has a debt-to-equity ratio of 35.78, a current ratio of 0.23 and a quick ratio of 0.13. The firm has a market cap of C$14.61 million, a P/E ratio of -0.43 and a beta of 1.02. The stock’s 50 day moving average is C$0.10 and its two-hundred day moving average is C$0.10.

Excellon Resources Company Profile

(Get Free Report)

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 EvoluciĆ³n 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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