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

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

Excellon Resources Stock Performance

Shares of EXNRF stock opened at $0.18 on Friday. The stock’s fifty day moving average is $0.26 and its 200-day moving average is $0.31. The stock has a market capitalization of $78.91 million, a PE ratio of -8.95 and a beta of 1.00. Excellon Resources has a 52 week low of $0.16 and a 52 week high of $0.56.

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

About Excellon Resources

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.