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Excellon Resources
(EXN)
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Rating:42Neutral
Price Target:
C$0.30
▼(-41.96% Downside)
Action:Reiterated
Date:07/01/26
The score is driven primarily by weak financial performance: zero revenue in recent years, ongoing net losses, and persistent cash burn with worsening free cash outflow in 2025. Technicals add pressure as the stock trades below all major moving averages, signaling a downtrend, while valuation is constrained by a negative P/E and no dividend yield support based on the provided data.
Positive Factors
Manageable leverage
The most recent balance sheet shows low reported leverage (debt-to-equity ~0.18). Such modest debt reduces fixed financing pressure, preserving flexibility to fund exploration or withstand short-term setbacks without high interest burdens, supporting operational continuity over months.
Negative Factors
Zero recent revenue and losses
Sustained zero revenue and consecutive net losses indicate the company is not generating operating income. Over a 2–6 month horizon this undermines self-funding, forces reliance on external capital, and increases execution risk for advancing projects toward development or sale.
Read all positive and negative factors
Positive Factors
Negative Factors
Manageable leverage
The most recent balance sheet shows low reported leverage (debt-to-equity ~0.18). Such modest debt reduces fixed financing pressure, preserving flexibility to fund exploration or withstand short-term setbacks without high interest burdens, supporting operational continuity over months.
Read all positive factors
Excellon Resources (EXN) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$118.54M
Dividend YieldN/A
Average Volume (3M)2.82M
Price to Earnings (P/E)―
Beta (1Y)1.99
Revenue GrowthN/A
EPS Growth67.17%
CountryCA
Employees3
SectorBasic Materials
Sector Strength58
IndustrySilver
Share Statistics
EPS (TTM)-0.02
Shares Outstanding384,860,630
10 Day Avg. Volume2,817,281
30 Day Avg. Volume2,819,369
Financial Highlights & Ratios
PEG Ratio0.31
Price to Book (P/B)3.30
Price to Sales (P/S)0.00
P/FCF Ratio-12.19
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)C$223.00M
Excellon Resources Business Overview & Revenue Model
Company Description
Established in 1987 and headquartered in Toronto, Canada, Excellon Resources Inc. is dedicated to identifying, acquiring, and developing mineral assets across the United States, Germany, and Mexico. The company primarily seeks out deposits of silv...
How the Company Makes Money
null...
Excellon Resources Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
34
Negative
Cash Flow
22
Negative
| Breakdown | Dec 2025 | Dec 2024 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 25.82M | 37.95M |
| Gross Profit | -165.85K | -102.75K | -540.00K | -635.00K | 11.75M |
| EBITDA | -3.32M | -2.79M | -5.47M | -6.55M | -41.41M |
| Net Income | -4.44M | -5.22M | 6.53M | -18.84M | -57.77M |
Balance Sheet | |||||
| Total Assets | 41.61M | 18.39M | 16.64M | 26.66M | 41.56M |
| Cash, Cash Equivalents and Short-Term Investments | 7.16M | 1.38M | 744.00K | 1.47M | 4.53M |
| Total Debt | 4.68M | 4.50M | 11.99M | 11.50M | 9.68M |
| Total Liabilities | 16.42M | 8.94M | 26.47M | 48.56M | 46.05M |
| Stockholders Equity | 26.73M | 10.98M | -9.83M | -21.89M | -4.49M |
Cash Flow | |||||
| Free Cash Flow | -7.24M | -2.08M | -1.59M | -1.77M | -5.25M |
| Operating Cash Flow | -2.05M | -747.00K | -1.59M | -221.00K | 2.08M |
| Investing Cash Flow | -7.13M | -1.30M | 1.00M | -738.00K | -6.26M |
| Financing Cash Flow | 15.01M | 3.53M | -6.00K | -248.00K | -447.00K |
Excellon Resources Technical Analysis
Negative
0.51
Price Trends
0.42
Negative
0.45
Negative
0.43
Negative
Market Momentum
-0.03
Positive
32.59
Neutral
12.64
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EXN, the sentiment is Negative. The current price of 0.51 is above the 20-day moving average (MA) of 0.35, above the 50-day MA of 0.42, and above the 200-day MA of 0.43, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 32.59 is Neutral, neither overbought nor oversold. The STOCH value of 12.64 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:EXN.
Excellon Resources Risk Analysis
Excellon Resources disclosed 41 risk factors in its most recent earnings report. Excellon Resources reported the most risks in the "Legal & Regulatory" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Excellon Resources Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
60 Neutral | C$100.20M | 966.67 | 1.82% | ― | 84.98% | ― | |
50 Neutral | C$126.34M | -14.22 | -11.77% | ― | ― | -24.15% | |
46 Neutral | C$96.88M | -21.13 | -10.47% | ― | 735.46% | 61.48% | |
45 Neutral | C$135.92M | -47.40 | -4.24% | ― | ― | 26.67% | |
42 Neutral | C$118.54M | -7.81 | -27.47% | ― | ― | 67.17% | |
42 Neutral | C$192.28M | -7.90 | -173.27% | ― | ― | -3.35% |
* Basic Materials Sector Average
TSE:EXN
Excellon Resources
0.30
-0.04
-11.76%
TSE:KTN
Kootenay Silver
1.25
-0.14
-9.75%
TSE:SVE
Silver One Resources
0.37
0.01
2.82%
TSE:IPT
IMPACT Silver
0.29
-0.10
-25.64%
TSE:KUYA
Kuya Silver
0.68
0.20
40.21%
TSE:BIG
Bald Eagle Gold
0.61
-0.14
-18.67%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.