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

Excellon Resources Inc. (OTCMKTS:EXNRF) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 437 shares, a drop of 99.7% from the April 15th total of 142,593 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 351,664 shares, the days-to-cover ratio is currently 0.0 days.

Excellon Resources Stock Performance

Shares of Excellon Resources stock traded up $0.02 during midday trading on Monday, hitting $0.39. The company had a trading volume of 403,950 shares, compared to its average volume of 226,295. The stock has a market cap of $147.52 million, a price-to-earnings ratio of -12.83 and a beta of 0.82. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.30. The company has a fifty day simple moving average of $0.34 and a 200 day simple moving average of $0.33. Excellon Resources has a 12-month low of $0.07 and a 12-month high of $0.56.

Excellon Resources Company Profile

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.