Excellon Resources Inc. (OTCMKTS:EXNRF) Short Interest Down 15.3% in October

Excellon Resources Inc. (OTCMKTS:EXNRF) was the target of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 53,800 shares, a drop of 15.3% from the October 15th total of 63,500 shares. Based on an average daily trading volume, of 246,200 shares, the days-to-cover ratio is currently 0.2 days.

Excellon Resources Stock Performance

Shares of OTCMKTS EXNRF traded up $0.01 during trading on Monday, reaching $0.08. 185,830 shares of the stock traded hands, compared to its average volume of 63,765. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.23 and a quick ratio of 0.23. The stock has a market capitalization of $8.80 million, a P/E ratio of -0.53 and a beta of 1.01. Excellon Resources has a 52-week low of $0.05 and a 52-week high of $0.19. The company has a 50-day moving average of $0.08 and a 200-day moving average of $0.10.

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.