Short Interest in Excellon Resources Inc. (OTCMKTS:EXNRF) Declines By 32.3%

Excellon Resources Inc. (OTCMKTS:EXNRF) was the target of a significant drop in short interest in November. As of November 30th, there was short interest totalling 32,500 shares, a drop of 32.3% from the November 15th total of 48,000 shares. Based on an average daily volume of 58,100 shares, the short-interest ratio is presently 0.6 days.

Excellon Resources Stock Performance

EXNRF remained flat at $0.07 during trading on Friday. 3,080 shares of the company’s stock were exchanged, compared to its average volume of 43,437. Excellon Resources has a 12-month low of $0.05 and a 12-month high of $0.19. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.17 and a quick ratio of 0.17. The firm has a market cap of $9.00 million, a price-to-earnings ratio of -0.51 and a beta of 0.94. The firm has a fifty day moving average of $0.07 and a two-hundred day moving average of $0.09.

About Excellon Resources

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.