Excellon Resources (OTCMKTS:EXNRF) Trading Down 1.2% – Here’s What Happened

Excellon Resources Inc. (OTCMKTS:EXNRF) shares dropped 1.2% on Tuesday . The stock traded as low as $0.4324 and last traded at $0.47. Approximately 458,579 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 584,763 shares. The stock had previously closed at $0.4758.

Excellon Resources Stock Down 1.2%

The company has a debt-to-equity ratio of 0.30, a current ratio of 1.25 and a quick ratio of 1.25. The firm’s 50-day moving average price is $0.41 and its 200 day moving average price is $0.28. The firm has a market cap of $159.76 million, a P/E ratio of -15.67 and a beta of 0.71.

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.