Excellon Resources Inc. (EXN) Forecasted to Post Q4 2018 Earnings of $0.00 Per Share

Excellon Resources Inc. (TSE:EXN) – Analysts at Cormark decreased their Q4 2018 earnings per share (EPS) estimates for shares of Excellon Resources in a report issued on Wednesday, January 16th. Cormark analyst R. Gray now anticipates that the company will earn $0.00 per share for the quarter, down from their previous estimate of $0.05. Cormark also issued estimates for Excellon Resources’ Q1 2019 earnings at $0.01 EPS, Q2 2019 earnings at $0.01 EPS, Q3 2019 earnings at $0.01 EPS, Q4 2019 earnings at $0.01 EPS, Q1 2020 earnings at $0.01 EPS, Q2 2020 earnings at $0.01 EPS, Q3 2020 earnings at $0.01 EPS and Q4 2020 earnings at $0.01 EPS.

Separately, Pi Financial reduced their price target on shares of Excellon Resources from C$2.15 to C$2.00 and set a “buy” rating for the company in a report on Friday, September 28th.

EXN stock opened at C$0.81 on Thursday. Excellon Resources has a 12 month low of C$0.59 and a 12 month high of C$2.05. The company has a debt-to-equity ratio of 1.31, a quick ratio of 2.40 and a current ratio of 2.93.

Excellon Resources (TSE:EXN) last posted its quarterly earnings data on Thursday, November 1st. The company reported C($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.04) by C($0.01). The firm had revenue of C$3.36 million during the quarter.

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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Earnings History and Estimates for Excellon Resources (TSE:EXN)

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