Excellon Resources (OTCMKTS:EXNRF) Stock Price Down 3.3% – Here’s Why

Excellon Resources Inc. (OTCMKTS:EXNRF) shares were down 3.3% during mid-day trading on Friday . The company traded as low as $0.2455 and last traded at $0.2687. Approximately 466,699 shares traded hands during mid-day trading, an increase of 61% from the average daily volume of 290,084 shares. The stock had previously closed at $0.2779.

Excellon Resources Price Performance

The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.72. The company has a 50 day moving average price of $0.21 and a 200 day moving average price of $0.20. The company has a market capitalization of $90.17 million, a P/E ratio of -8.96 and a beta of 0.81.

Excellon Resources (OTCMKTS:EXNRF) last posted its quarterly earnings results on Wednesday, November 19th. The company reported ($0.01) earnings per share for the quarter.

Excellon Resources Company Profile

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.