Excellon Resources (TSX:EXN) Momentum Rank : 0 (As of Dec. 15, 2024)

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What is Excellon Resources Momentum Rank?

Excellon Resources has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

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Excellon Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Excellon Resources Inc (TSX:EXN) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

EXNRF:USA 0UV1:UK E4X2:Germany E4X2:Germany

Address

10 King Street East, Suite 200, Toronto, ON, CAN, M5C 1C3

Website

https://www.excellonresources.com

Excellon Resources Inc is involved in the exploration, development and extraction of silver, lead and zinc metals. It mainly operates in Mexico and Canada. The Mexican operations consist of the Platosa property which is a commercial production property earning most of its revenue through the sale of silver- lead concentrate and silver-zinc concentrate whereas Canadian operations are principally engaged in the acquisition, exploration, and evaluation of mining properties in Quebec. It has two reportable segments, Mexico and Corporate.

Executives

Golden Capital Consulting	10% Security Holder
Craig Thomas Lindsay	Director
André Y. Fortier	Director
Anna Ladd-kruger	Director
Brendan Thomas Cahill	Director
Michael Timmins	Director
Ronald Anibal Marino Sanchez	Senior Officer
Denis P. Flood	Senior Officer

Excellon Resources Headlines

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