Excellon Resources (EXN) AI Stock Analysis

• Market Cap: C$15.83M
• Dividend Yield: N/A
• Average Volume (3M): 241.99K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.61
• Revenue Growth: N/A
• EPS Growth: -133.58%
• Country: CA
• Employees: 3
• Sector: Basic Materials
• Sector Strength: 52
• Industry: Industrial Materials
• EPS (TTM): -0.09
• Shares Outstanding: 137,662,630
• 10 Day Avg. Volume: 270,475
• 30 Day Avg. Volume: 241,994
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -3.40
• P/FCF Ratio: 8.40
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Excellon Resources is currently facing financial difficulties, with persistent losses and a negative P/E ratio highlighting its unprofitable status. However, the company is showing positive technical momentum and has made strategic advancements in mine financing and exploration efforts. These developments suggest potential for future growth, albeit with high risks due to financial instability.

Excellon Resources Business Overview & Revenue Model

Company Description

Excellon Resources Inc. is a mining company focused on the exploration, development, and production of precious and base metals. The company operates primarily in the resource sector, with core activities centered around the extraction and processing of silver, lead, and zinc. Excellon Resources is known for its high-grade mineral assets, particularly in Mexico, and aims to expand its portfolio through strategic exploration and acquisitions.

How the Company Makes Money

Excellon Resources generates revenue primarily through the sale of the metals it extracts and processes, including silver, lead, and zinc. The company operates its own mining projects, which involve the exploration, development, and eventual extraction of mineral resources. Revenue is earned through the sale of these commodities on the global market, where prices can fluctuate based on supply and demand dynamics. Additionally, the company may engage in joint ventures or partnerships with other mining companies, which can contribute to its revenue streams by sharing resources, technology, and expertise to maximize production efficiency and profitability.

Excellon Resources Financial Statement Overview

Summary

Excellon Resources is facing severe financial difficulties. With zero revenue for the TTM period, negative net income, and operational inefficiencies, the company is struggling. The balance sheet is unstable, showing negative equity and high liabilities, indicating insolvency risks. Persistent negative cash flows further highlight the company's inability to sustain operations without external financing.

Income Statement

Excellon Resources displays significant issues in its income statement. The company has reported a zero total revenue for the TTM period, indicating a cessation of operations or severe market challenges. Historical financials show a downward trend in revenue, and persistent negative net income further highlights profitability issues. The EBIT and EBITDA margins are both negative, reflecting operational inefficiencies and high costs relative to revenues.

Balance Sheet

The balance sheet shows a concerning picture with consistently negative stockholders' equity over recent periods, indicating a significant risk of insolvency. The debt-to-equity ratio is not computable due to negative equity, but high total liabilities suggest financial strain. The equity ratio is also negative, underscoring financial instability. However, a reduction in total debt in the latest TTM period provides a slight improvement in leverage.

Cash Flow

Excellon's cash flow statements reveal persistent negative operating and free cash flows, indicating that the company is unable to generate sufficient cash from operations to cover expenses. The negative free cash flow trend suggests continuous reliance on external financing, posing a risk to sustainability. There is no visible growth in cash flows, further stressing financial health.

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
-33.00K	-540.00K	-635.00K	4.45M	1.57M	-1.46M
	EBIT
722.00K	-5.47M	-13.06M	-9.13M	-9.43M	-10.22M
	EBITDA
-233.00K	-5.47M	-6.55M	-1.39M	-5.29M	-5.28M
	Net Income Common Stockholders
-3.86M	6.53M	-18.84M	-57.77M	-16.02M	-10.07M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.47M	744.00K	1.47M	4.53M	10.73M	6.69M
	Total Assets
43.81M	16.64M	26.66M	41.56M	73.28M	55.15M
	Total Debt
0.00	11.99M	11.50M	9.68M	8.11M	1.28M
	Net Debt
-3.47M	11.30M	10.04M	5.61M	-267.00K	-5.07M
	Total Liabilities
7.53M	26.47M	48.56M	46.05M	22.84M	12.96M
	Stockholders Equity
36.29M	-9.83M	-21.89M	-4.49M	50.44M	42.19M
Cash Flow		Free Cash Flow
-1.62M	-1.59M	-1.77M	-5.25M	-8.24M	-9.68M
	Operating Cash Flow
-1.62M	-1.59M	-221.00K	2.08M	251.00K	-3.88M
	Investing Cash Flow
807.00K	1.00M	-738.00K	-6.26M	-10.52M	-5.80M
	Financing Cash Flow
987.00K	-6.00K	-248.00K	-447.00K	12.23M	8.37M

Excellon Resources Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.12
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: 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 0.12 is below the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.13, and above the 200-day MA of 0.11, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 42.36 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:EXN.

Excellon Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SVM	77 Outperform	$1.10B	10.18	11.68%	0.71%	31.23%	110.49%
EDR	54 Neutral	$1.37B	―	-7.23%	―	6.18%	-515.57%
Sector *	47 Neutral	$2.44B	-2.84	-22.09%	3.51%	4.02%	-28.91%
EXN	45 Neutral	C$15.83M	―	-504.69%	―	―	-133.58%
USA	44 Neutral	$431.78M	―	-84.12%	―	12.93%	-5.87%
IPT	42 Neutral	C$45.77M	―	-16.38%	―	36.99%	-153.27%

Excellon Resources Corporate Events

Excellon Resources Advances Financing for Mallay Mine Restart

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 Unveils Promising Exploration Results at Tres Cerros Project

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 to Acquire Mallay Silver Mine, Plans Restart by Q4 2025

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.