Excellon Resources (OTCMKTS:EXNRF) Trading Up 5.3% – Still a Buy?

Excellon Resources Inc. (OTCMKTS:EXNRFGet Free Report)’s share price traded up 5.3% during trading on Tuesday . The stock traded as high as $0.2180 and last traded at $0.2106. Approximately 456,029 shares changed hands during mid-day trading, an increase of 143% from the average daily volume of 187,463 shares. The stock had previously closed at $0.20.

Excellon Resources Stock Down 7.0%

The company has a market cap of $83.48 million, a price-to-earnings ratio of -7.12 and a beta of 0.95. The business’s fifty day simple moving average is $0.28 and its two-hundred day simple moving average is $0.34.

About Excellon Resources

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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.

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