Excelsior Mining (TSE:MIN) Shares Up 2.8% – Time to Buy?

Excelsior Mining Corp. (TSE:MINGet Free Report) rose 2.8% during trading on Wednesday . The company traded as high as C$0.19 and last traded at C$0.19. Approximately 21,250 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 54,891 shares. The stock had previously closed at C$0.18.

Excelsior Mining Price Performance

The company has a quick ratio of 0.49, a current ratio of 0.93 and a debt-to-equity ratio of 59.85. The company’s 50-day simple moving average is C$0.17 and its 200 day simple moving average is C$0.16. The company has a market capitalization of C$58.35 million, a P/E ratio of -0.88 and a beta of 2.77.

About Excelsior Mining

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Excelsior Mining Corp. engages in the acquisition, exploration, and development of copper mineral properties in Arizona, the United States. The company holds interests in the Gunnison copper project; the Johnson Camp Mine; and the Strong and Harris copper-zinc-silver project located in Arizona. The company was incorporated in 2005 and is headquartered in Phoenix, Arizona.

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