Excellon Resources (TSE:EXN) Trading Up 30.8% – Still a Buy?

Excellon Resources Inc. (TSE:EXN) shares traded up 30.8% on Wednesday . The company traded as high as C$0.18 and last traded at C$0.17. 673,221 shares traded hands during trading, an increase of 238% from the average session volume of 199,391 shares. The stock had previously closed at C$0.13.

Excellon Resources Price Performance

The stock has a market cap of C$19.67 million, a P/E ratio of -0.58 and a beta of 1.02. The company has a current ratio of 0.23, a quick ratio of 0.13 and a debt-to-equity ratio of 35.78. The company’s fifty day simple moving average is C$0.10 and its 200-day simple moving average is C$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.