Excellon Resources Inc. (OTCMKTS:EXNRF) Sees Significant Growth in Short Interest

Excellon Resources Inc. (OTCMKTS:EXNRF) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 29,167 shares, a growth of 6,574.4% from the April 30th total of 437 shares. Based on an average daily volume of 569,122 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Excellon Resources Stock Up 3.2%

Shares of OTCMKTS:EXNRF opened at $0.36 on Friday. Excellon Resources has a 52 week low of $0.10 and a 52 week high of $0.56. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.25 and a current ratio of 1.25. The company has a market capitalization of $136.78 million, a PE ratio of -11.85 and a beta of 0.82. The company has a 50 day moving average price of $0.33 and a two-hundred day moving average price of $0.34.

About Excellon Resources

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.