Excellon Resources Inc. (OTCMKTS:EXNRF) Sees Large Decline in Short Interest

Excellon Resources Inc. (OTCMKTS:EXNRF) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 86,547 shares, a decrease of 38.6% from the September 30th total of 140,976 shares. Based on an average trading volume of 315,999 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are short sold.

Excellon Resources Price Performance

OTCMKTS EXNRF traded up $0.00 during trading on Monday, hitting $0.18. 413,660 shares of the company’s stock traded hands, compared to its average volume of 363,989. The stock has a fifty day moving average of $0.26 and a two-hundred day moving average of $0.31. Excellon Resources has a 12-month low of $0.16 and a 12-month high of $0.56. The firm has a market cap of $79.88 million, a P/E ratio of -9.06 and a beta of 1.03.

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

Excellon Resources Company Profile

Excellon Resources Inc is a precious-metals exploration and development company focused on identifying and advancing silver, gold and base-metal projects. The company’s activities include mineral exploration, resource evaluation, project development and mine operations, with an emphasis on properties that may support future production.

Excellon has historically operated in Mexico, including the Platosa silver-lead-zinc mine in Durango State. Platosa was known for high-grade silver production and represented the company’s principal operating asset for many years.