Excellon Resources (TSE:EXN) Stock Price Passes Below 50-Day Moving Average – What’s Next?

Excellon Resources Inc. (TSE:EXN)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.11 and traded as low as C$0.11. Excellon Resources shares last traded at C$0.12, with a volume of 258,000 shares changing hands.

Excellon Resources Stock Performance

The stock’s fifty day simple moving average is C$0.11 and its 200-day simple moving average is C$0.10. The company has a market capitalization of C$13.49 million, a PE ratio of -0.40 and a beta of 1.02. The company has a quick ratio of 0.13, a current ratio of 0.23 and a debt-to-equity ratio of 35.78.

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.