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Excellon Resources
(EXN)
Excellon Resources (EXN) vs. iShares MSCI Canada ETF (EWC)
Excellon Resources Business Overview & Revenue Model
Excellon Resources Financial Statement Overview
| Breakdown | TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 25.82M | 37.95M | 26.20M | 26.47M |
| Gross Profit | 0.00 | -540.00K | -635.00K | 4.45M | 1.57M | -1.46M |
| EBITDA | -2.04M | -5.47M | -6.55M | -1.39M | -5.29M | -5.28M |
| Net Income | -5.22M | 6.53M | -18.84M | -57.77M | -16.02M | -10.07M |
Balance Sheet | ||||||
| Total Assets | 18.39M | 16.64M | 26.66M | 41.56M | 73.28M | 55.15M |
| Cash, Cash Equivalents and Short-Term Investments | 1.38M | 744.00K | 1.47M | 4.53M | 10.73M | 6.69M |
| Total Debt | 4.50M | 11.99M | 11.50M | 9.68M | 8.11M | 1.28M |
| Total Liabilities | 8.94M | 26.47M | 48.56M | 46.05M | 22.84M | 12.96M |
| Stockholders Equity | 10.98M | -9.83M | -21.89M | -4.49M | 50.44M | 42.19M |
Cash Flow | ||||||
| Free Cash Flow | -747.00K | -1.59M | -1.77M | -5.25M | -8.24M | -9.68M |
| Operating Cash Flow | -747.00K | -1.59M | -221.00K | 2.08M | 251.00K | -3.88M |
| Investing Cash Flow | -1.30M | 1.00M | -738.00K | -6.26M | -10.52M | -5.80M |
| Financing Cash Flow | 3.53M | -6.00K | -248.00K | -447.00K | 12.23M | 8.37M |
Excellon Resources Technical Analysis
Excellon Resources Risk Analysis
Excellon Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
59 Neutral | C$36.57M | ― | -65.04% | ― | -89.84% | -16.41% | |
44 Neutral | AU$1.51B | -6.04 | -41.37% | 3.88% | -3.45% | -43.04% | |
37 Underperform | C$11.79M | ― | -22.48% | ― | ― | 6.12% | |
36 Underperform | C$67.56M | ― | -73.33% | ― | ― | -133.58% | |
| ― | C$18.37M | 8.00 | 7.73% | ― | ― | ― | |
31 Underperform | $18.58M | ― | 128.65% | ― | ― | 12.04% | |
| ― | $25.25M | 83.33 | -41.11% | ― | ― | ― |
Excellon Resources Corporate Events
Excellon Resources Inc. has announced the transfer of its common shares listing from the Toronto Stock Exchange to the TSX Venture Exchange, effective May 7, 2025. This strategic move is expected to align with the company’s growth objectives and may impact its market positioning by providing a platform more suited to its current operational scale and future plans.
Spark’s Take on TSE:EXN Stock
According to Spark, TipRanks’ AI Analyst, TSE:EXN is a Underperform.
Excellon Resources faces major financial hurdles, highlighted by consistent losses and operational inefficiencies. While technical indicators show some positive momentum, and corporate events highlight potential growth, poor valuation metrics and legal challenges underpin a low overall score. Financial stabilization and operational improvements are critical for positive reevaluation.
To see Spark’s full report on TSE:EXN stock, click here.
Excellon Resources Inc. has announced an increase in its private placement offering due to strong investor demand, raising the potential gross proceeds to C$7 million. The funds will be used for the development of the Mallay Mine, working capital, and general corporate purposes, with the offering expected to close by May 2, 2025, subject to regulatory approvals.
Spark’s Take on TSE:EXN Stock
According to Spark, TipRanks’ AI Analyst, TSE:EXN is a Underperform.
Excellon Resources’ overall stock score is low due to persistent financial instability and poor valuation metrics. While technical analysis and recent corporate events indicate potential for short-term gains and future growth, the company faces significant financial challenges and legal disputes. Continued focus on financial stabilization and overcoming operational inefficiencies are essential for improvement.
To see Spark’s full report on TSE:EXN stock, click here.
Excellon Resources Inc. has announced an increase in its private placement offering due to strong investor demand, raising the gross proceeds target from C$5 million to C$6.5 million. The funds will be used for the development of the Mallay Mine and other corporate purposes, with the offering expected to close by May 2, 2025, subject to regulatory approvals.
Spark’s Take on TSE:EXN Stock
According to Spark, TipRanks’ AI Analyst, TSE:EXN is a Neutral.
Excellon Resources’ overall stock score is low due to persistent financial instability and poor valuation metrics. While technical analysis and recent corporate events indicate potential for short-term gains and future growth, the company’s financial challenges and legal disputes weigh heavily on its prospects. Continued focus on financial stabilization and overcoming operational inefficiencies are essential for improvement.
To see Spark’s full report on TSE:EXN stock, click here.
Excellon Resources Inc. has been named as a defendant in a lawsuit filed by Javier Martinez Lomas in the Ontario Superior Court of Justice, seeking damages of approximately US$23 million. The claim is related to a prior dispute involving a former Mexican subsidiary, which Excellon believes was resolved in Mexican courts. The company views this lawsuit as an attempt to relitigate a settled matter and intends to defend itself vigorously.
Spark’s Take on TSE:EXN Stock
According to Spark, TipRanks’ AI Analyst, TSE:EXN is a Underperform.
Excellon Resources faces significant financial challenges, with persistent negative income and cash flow issues. While technical analysis indicates some short-term positive momentum, and recent corporate events highlight potential for future growth, the poor valuation metrics and ongoing financial instability result in a low overall stock score.
To see Spark’s full report on TSE:EXN stock, click here.
Excellon Resources Inc. has announced a brokered private placement to raise up to C$5 million, with Eric Sprott making a lead order. The proceeds will be used for the development of the Mallay Mine, working capital, and general corporate purposes. Additionally, Excellon plans to list its common shares on the TSX Venture Exchange, which is expected to be more beneficial for the company and its stakeholders due to cost considerations and market suitability.
Spark’s Take on TSE:EXN Stock
According to Spark, TipRanks’ AI Analyst, TSE:EXN is a Underperform.
Excellon Resources’ overall stock score is low due to persistent financial instability, negative income trends, and poor valuation metrics. While recent corporate events show potential for future growth, the company must address its operational inefficiencies and financial challenges to improve its standing.
To see Spark’s full report on TSE:EXN stock, click here.
Excellon Resources Inc. has made significant progress in securing offtake-linked financing to restart operations at the Mallay Silver Mine in Peru. The company has received several non-binding proposals from major trading houses for zinc and lead concentrate offtake agreements, which include prepayment or structured finance facilities to fund the restart. These proposals offer financing facilities between $4 to $6 million with competitive interest rates and terms, reinforcing the company’s strategy and confidence in the project’s potential. Excellon aims to finalize a preferred financing solution soon, coinciding with the planned acquisition of Minera CRC S.A.C., the owner of the Mallay Mine.
Excellon Resources has announced promising exploration results from its Tres Cerros Gold-Silver Project in Peru, revealing high-grade gold and silver mineralization. The findings suggest the potential for a significant mineralized system, with similarities to the renowned Lagunas Norte deposit, positioning Tres Cerros as a valuable early-stage opportunity. The company plans to prioritize drill targets and engage with local stakeholders to advance the project’s development.
Excellon Resources Inc. has announced a definitive agreement to acquire Minera CRC S.A.C., which includes the past-producing Mallay Silver Mine and Tres Cerros Exploration Property in Peru. This acquisition, facilitated through a court-supervised process, resolves previous disputes and allows Excellon to proceed with plans to restart silver production at the Mallay Mine by Q4 2025. The company is also updating the resource model to reflect current market prices and is in discussions to secure financing for the restart, aiming to leverage existing infrastructure and investments.