Excellon Resources Stock Market Capitalization

EXN Stock  CAD 0.1  0.01  5.00%   
Excellon Resources fundamentals help investors to digest information that contributes to Excellon Resources' financial success or failures. It also enables traders to predict the movement of Excellon Stock. The fundamental analysis module provides a way to measure Excellon Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Excellon Resources stock.
Last ReportedProjected for Next Year
Market Cap3.3 M3.1 M
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Excellon Resources Company Market Capitalization Analysis

Excellon Resources' Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Market Cap

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Shares Outstanding

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Share Price

More About Market Capitalization | All Equity Analysis

Current Excellon Resources Market Capitalization

    
  11.73 M  
Most of Excellon Resources' fundamental indicators, such as Market Capitalization, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Excellon Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Excellon Market Capitalization Driver Correlations

Understanding the fundamental principles of building solid financial models for Excellon Resources is extremely important. It helps to project a fair market value of Excellon Stock properly, considering its historical fundamentals such as Market Capitalization. Since Excellon Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Excellon Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Excellon Resources' interrelated accounts and indicators.
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Competition

Excellon Long Term Debt To Capitalization

Long Term Debt To Capitalization

1.84

At this time, Excellon Resources' Long Term Debt To Capitalization is very stable compared to the past year.
Based on the recorded statements, the market capitalization of Excellon Resources is about 11.73 M. This is 99.88% lower than that of the Metals & Mining sector and 98.74% lower than that of the Materials industry. The market capitalization for all Canada stocks is 99.94% higher than that of the company.

Excellon Market Capitalization Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Excellon Resources' direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Excellon Resources could also be used in its relative valuation, which is a method of valuing Excellon Resources by comparing valuation metrics of similar companies.
Excellon Resources is currently under evaluation in market capitalization category among its peers.

Excellon Fundamentals

About Excellon Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Excellon Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Excellon Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Excellon Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Excellon Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Excellon Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Excellon Resources will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Excellon Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Excellon Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Excellon Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Excellon Resources to buy it.
The correlation of Excellon Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Excellon Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Excellon Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Excellon Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Excellon Stock

Excellon Resources financial ratios help investors to determine whether Excellon Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Excellon with respect to the benefits of owning Excellon Resources security.