Short Interest in Excellon Resources Inc. (OTCMKTS:EXNRF) Expands By 115.3%

Excellon Resources Inc. (OTCMKTS:EXNRF) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 15,500 shares, an increase of 115.3% from the December 31st total of 7,200 shares. Based on an average daily volume of 113,900 shares, the days-to-cover ratio is currently 0.1 days.

Excellon Resources Price Performance

Excellon Resources stock traded up $0.00 during midday trading on Wednesday, reaching $0.06. The company’s stock had a trading volume of 7,029 shares, compared to its average volume of 36,853. Excellon Resources has a fifty-two week low of $0.05 and a fifty-two week high of $0.19. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.17 and a current ratio of 0.17. The stock’s 50 day simple moving average is $0.07 and its 200 day simple moving average is $0.07. The firm has a market capitalization of $8.88 million, a PE ratio of -0.50 and a beta of 0.95.

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.