Excellon Resources (OTCMKTS:EXNRF) Trading Up 5.3% – Here’s Why

Excellon Resources Inc. (OTCMKTS:EXNRFGet Free Report)’s stock price shot up 5.3% on Tuesday . The stock traded as high as $0.2180 and last traded at $0.2106. 456,029 shares changed hands during mid-day trading, an increase of 143% from the average daily volume of 187,463 shares. The stock had previously closed at $0.20.

Excellon Resources Trading Up 5.3%

The firm has a market capitalization of $82.27 million, a P/E ratio of -7.02 and a beta of 0.95. The company’s fifty day simple moving average is $0.28 and its 200 day simple moving average is $0.34.

About Excellon Resources

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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.

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