Excellon Resources Inc. (OTCMKTS:EXNRF) Shares Shorted: Short Interest Down 38.6% in October

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

Excellon Resources Stock Up 2.3%

OTCMKTS EXNRF opened at $0.18 on Friday. Excellon Resources has a twelve month low of $0.16 and a twelve month high of $0.56. The stock’s 50-day simple moving average is $0.26 and its two-hundred day simple moving average is $0.31. The company has a market capitalization of $78.91 million, a price-to-earnings ratio of -8.95 and a beta of 1.00.

Excellon Resources (OTCMKTS:EXNRF) last posted its quarterly earnings results on Thursday, August 27th. The company reported ($0.01) earnings per share (EPS) 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.