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

Excellon Resources Inc. (OTCMKTS:EXNRF) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 205,250 shares, a growth of 603.7% from the May 14th total of 29,167 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 360,914 shares, the days-to-cover ratio is currently 0.6 days.

Excellon Resources Price Performance

Shares of EXNRF traded up $0.00 on Friday, reaching $0.30. The stock had a trading volume of 142,704 shares, compared to its average volume of 414,147. Excellon Resources has a twelve month low of $0.14 and a twelve month high of $0.56. The firm has a market capitalization of $113.69 million, a PE ratio of -9.85 and a beta of 0.88. The firm has a 50-day moving average of $0.33 and a 200 day moving average of $0.35. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.30.

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.