Excellon Resources (TSE:EXN) Price Target Raised to C$1.85
Excellon Resources (TSE:EXN) had its price objective raised by Cormark from C$1.75 to C$1.85 in a research note issued to investors on Wednesday morning, BayStreet.CA reports. Cormark also issued estimates for Excellon Resources’ Q3 2019 earnings at $0.01 EPS, Q4 2019 earnings at $0.01 EPS, FY2019 earnings at ($0.03) EPS, Q1 2020 earnings at $0.01 EPS, Q2 2020 earnings at $0.01 EPS, Q3 2020 earnings at $0.01 EPS, Q4 2020 earnings at $0.01 EPS and FY2020 earnings at $0.07 EPS.
Separately, Pi Financial lifted their target price on shares of Wesdome Gold Mines from C$4.50 to C$5.65 in a report on Wednesday.
Shares of Excellon Resources stock opened at C$1.19 on Wednesday. The firm has a fifty day simple moving average of C$1.00. The firm has a market cap of $134.03 million and a PE ratio of -10.82. Excellon Resources has a 12 month low of C$0.59 and a 12 month high of C$1.51. The company has a quick ratio of 1.18, a current ratio of 1.66 and a debt-to-equity ratio of 1.16.
Excellon Resources Company Profile
Excellon Resources Inc, a silver mining and exploration company, engages in the acquisition, exploration, development, and mining of mineral properties in Mexico and Canada. The company explores for silver-lead and silver-zinc concentrates. Its principal properties include the Platosa property covering a total area of approximately 20,947 hectares located in northeastern Durango State, Mexico; and the Miguel Auza property covering an area of 14,000 hectares situated in the northern Fresnillo silver trend in Zacatecas, Mexico.
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