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

Excellon Resources Inc. (OTCMKTS:EXNRF) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 15,500 shares, a growth of 115.3% from the December 31st total of 7,200 shares. Based on an average daily trading volume, of 113,900 shares, the days-to-cover ratio is currently 0.1 days.

Excellon Resources Stock Up 0.6 %

Shares of OTCMKTS EXNRF traded up $0.00 during midday trading on Wednesday, reaching $0.06. 7,029 shares of the company’s stock traded hands, compared to its average volume of 36,853. The company has a market cap of $8.88 million, a price-to-earnings ratio of -0.50 and a beta of 0.95. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.39. Excellon Resources has a one year low of $0.05 and a one year high of $0.19. The stock’s 50 day simple moving average is $0.07 and its 200-day simple moving average is $0.07.

About Excellon Resources

Excellon Resources Inc engages in the acquisition, exploration, and advancement of mineral properties. It primarily explores for silver, lead, zinc, and gold deposits, as well as base metals. The company holds 100% interests in the Platosa property covering an area of approximately 11,000 hectares located in Durango State, Mexico; the Evolución property that covers an area of 31,280 hectares situated in the states of Durango and Zacatecas, Mexico; and the Silver City project totaling an area of 340 square kilometers in Saxony, Germany.