Excellon Resources (TSE:EXN) Stock Passes Below Fifty Day Moving Average – Here’s What Happened

Shares of Excellon Resources Inc. (TSE:EXN) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.11 and traded as low as C$0.11. Excellon Resources shares last traded at C$0.12, with a volume of 258,000 shares.

Excellon Resources Stock Performance

The stock’s 50-day moving average price is C$0.11 and its 200-day moving average price is C$0.10. The company has a current ratio of 0.23, a quick ratio of 0.13 and a debt-to-equity ratio of 35.78. The company has a market capitalization of C$13.49 million, a P/E ratio of -0.40 and a beta of 1.02.

About Excellon Resources

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 Evolución 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.