Excellon Resources (OTCMKTS:EXNRF) Trading Down 3% – Time to Sell?

Excellon Resources Inc. (OTCMKTS:EXNRFGet Free Report) shares dropped 3% during trading on Tuesday . The company traded as low as $0.27 and last traded at $0.2774. Approximately 191,131 shares changed hands during trading, a decline of 1% from the average session volume of 193,212 shares. The stock had previously closed at $0.2860.

Excellon Resources Stock Down 4.6%

The firm has a market cap of $105.48 million, a price-to-earnings ratio of -9.00 and a beta of 0.96. The business has a 50 day moving average price of $0.25 and a 200-day moving average price of $0.32.

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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