Excellon Resources Inc. (OTCMKTS:EXNRF) Sees Significant Growth in Short Interest

Excellon Resources Inc. (OTCMKTS:EXNRF) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 29,167 shares, an increase of 6,574.4% from the April 30th total of 437 shares. Based on an average trading volume of 569,122 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Excellon Resources Price Performance

EXNRF opened at $0.34 on Thursday. The stock’s 50-day moving average price is $0.33 and its 200 day moving average price is $0.34. Excellon Resources has a 12-month low of $0.10 and a 12-month high of $0.56. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.30. The firm has a market cap of $132.58 million, a price-to-earnings ratio of -11.48 and a beta of 0.82.

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.