Excellon Resources (TSE:EXN) Trading Down 4.5% – Time to Sell?

Excellon Resources Inc. (TSE:EXN) fell 4.5% during mid-day trading on Tuesday . The company traded as low as C$0.10 and last traded at C$0.11. 32,200 shares were traded during trading, a decline of 79% from the average session volume of 150,067 shares. The stock had previously closed at C$0.11.

Excellon Resources Price Performance

The company has a debt-to-equity ratio of 35.78, a current ratio of 0.23 and a quick ratio of 0.13. The stock has a market cap of C$11.80 million, a PE ratio of -0.35 and a beta of 1.02. The business has a fifty day moving average of C$0.11 and a 200 day moving average of C$0.13.

Insiders Place Their Bets

In other Excellon Resources news, insider Golden Capital Consulting sold 270,000 shares of the business’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of C$0.10, for a total transaction of C$25,650.00. Insiders have sold 1,011,500 shares of company stock valued at $105,456 over the last quarter. Insiders own 25.96% of the company’s stock.

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.