Excellon Resources (OTCMKTS:EXNRF) Shares Down 4.1% – Should You Sell?

Excellon Resources Inc. (OTCMKTS:EXNRF) shares were down 4.1% during trading on Monday . The company traded as low as $0.2924 and last traded at $0.2951. 351,486 shares were traded during trading, a decline of 6% from the average daily volume of 375,071 shares. The stock had previously closed at $0.3078.

Excellon Resources Stock Down 4.3%

The company has a fifty day simple moving average of $0.27 and a two-hundred day simple moving average of $0.30. The stock has a market capitalization of $124.00 million, a P/E ratio of -9.41 and a beta of 1.09.

Excellon Resources (OTCMKTS:EXNRF) last issued its earnings results on Thursday, August 27th. The company reported ($0.01) EPS for the quarter.

About Excellon Resources

Excellon Resources Inc is a Canadian mineral exploration and development company focused on precious and base metals. Its portfolio includes projects in Mexico, the United States and Germany, with exploration activities primarily targeting silver, gold, lead and zinc deposits.

The company historically operated the Platosa mine in Durango, Mexico, a high-grade silver-lead-zinc operation that was an important part of Excellon’s business for many years. Excellon has also advanced the Kilgore gold project in Idaho and the Silver City project in Saxony, Germany, while evaluating additional exploration opportunities in its portfolio.

Excellon’s activities include geological exploration, resource evaluation, project development and the assessment of potential mining opportunities.