Excellon Resources (OTCMKTS:EXNRF) Stock Price Up 8.1% – Still a Buy?

Excellon Resources Inc. (OTCMKTS:EXNRF) shot up 8.1% on Tuesday . The company traded as high as $0.3213 and last traded at $0.3027. 349,904 shares changed hands during mid-day trading, a decline of 25% from the average session volume of 464,580 shares. The stock had previously closed at $0.28.

Excellon Resources Trading Up 8.1%

The firm has a market capitalization of $115.34 million, a PE ratio of -10.09 and a beta of 0.65. The firm has a 50 day simple moving average of $0.39 and a 200 day simple moving average of $0.31. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.30.

Excellon Resources Company Profile

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.