Excellon Resources Inc. (OTCMKTS:EXNRF) Short Interest Update

Excellon Resources Inc. (OTCMKTS:EXNRF) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 208,914 shares, an increase of 95.9% from the July 30th total of 106,663 shares. Based on an average daily volume of 257,199 shares, the short-interest ratio is presently 0.8 days. Currently, 0.1% of the shares of the stock are sold short.

Excellon Resources Price Performance

Shares of Excellon Resources stock traded down $0.01 during midday trading on Monday, hitting $0.34. 104,554 shares of the company were exchanged, compared to its average volume of 364,012. The firm has a market cap of $132.82 million, a P/E ratio of -11.33 and a beta of 0.96. Excellon Resources has a 52 week low of $0.16 and a 52 week high of $0.56. The firm has a 50 day simple moving average of $0.25 and a 200-day simple moving average of $0.31.

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

About Excellon Resources

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.