Insider Buying: Excellon Resources Inc. (EXN) Insider Buys 50,000 Shares of Stock

Excellon Resources Inc. (TSE:EXN) insider Eric S. Sprott acquired 50,000 shares of the company’s stock in a transaction dated Wednesday, August 16th. The shares were bought at an average cost of C$1.44 per share, with a total value of C$72,000.00.

Excellon Resources Inc. (TSE:EXN) traded up 5.44% during mid-day trading on Monday, hitting $1.55. 136,605 shares of the stock were exchanged. Excellon Resources Inc. has a 52 week low of $1.22 and a 52 week high of $2.25. The stock’s market capitalization is $118.37 million. The company has a 50-day moving average of $1.43 and a 200-day moving average of $1.54.

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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. The company primarily explores for silver-lead and silver-zinc concentrates. Its principal property is the Platosa property consisting of 75 mining concessions covering a total area of approximately 20,947 hectares located in northeastern Durango State, Mexico.

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