Excellon Resources (TSE:EXN) Shares Down 8.6% – Here’s What Happened

Excellon Resources Inc. (TSE:EXNGet Free Report) fell 8.6% on Friday . The company traded as low as C$0.16 and last traded at C$0.16. 195,900 shares traded hands during trading, a decline of 7% from the average session volume of 209,833 shares. The stock had previously closed at C$0.18.

Excellon Resources Stock Performance

The firm’s fifty day moving average is C$0.10 and its 200-day moving average is C$0.10. The company has a current ratio of 0.23, a quick ratio of 0.13 and a debt-to-equity ratio of 35.78. The stock has a market capitalization of C$16.86 million, a PE ratio of -0.50 and a beta of 1.02.

Excellon Resources Company Profile

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Excellon Resources Inc engages in the acquisition, exploration, and advancement of mineral properties. It primarily explores for silver, lead, zinc, and gold deposits, as well as base metals. The company holds 100% interests in the Platosa property covering an area of approximately 11,000 hectares located in Durango State, Mexico; the Evolución property that covers an area of 31,280 hectares situated in the states of Durango and Zacatecas, Mexico; and the Silver City project totaling an area of 340 square kilometers in Saxony, Germany.

Further Reading

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