Alexco Resource (AXU) Shares Up 3.2%
Alexco Resource Corp. (NYSEAMERICAN:AXU) (TSE:AXR) shot up 3.2% on Tuesday . The stock traded as high as $1.72 and last traded at $1.59. 245,400 shares were traded during mid-day trading, a decline of 25% from the average session volume of 328,808 shares. The stock had previously closed at $1.54.
The stock has a market cap of $160.97, a PE ratio of -27.83 and a beta of -0.45.
Several institutional investors and hedge funds have recently made changes to their positions in the company. Virtu KCG Holdings LLC lifted its position in Alexco Resource by 92.3% during the second quarter. Virtu KCG Holdings LLC now owns 137,109 shares of the mining company’s stock valued at $181,000 after acquiring an additional 65,822 shares during the last quarter. ETF Managers Group LLC purchased a new stake in Alexco Resource during the second quarter valued at approximately $1,869,000. Global X MANAGEMENT CO LLC lifted its position in Alexco Resource by 8.0% during the third quarter. Global X MANAGEMENT CO LLC now owns 1,157,094 shares of the mining company’s stock valued at $1,675,000 after acquiring an additional 85,734 shares during the last quarter. Ninepoint Partners LP purchased a new stake in Alexco Resource during the third quarter valued at approximately $462,000. Finally, Pathstone Family Office LLC lifted its position in Alexco Resource by 6.5% during the third quarter. Pathstone Family Office LLC now owns 761,299 shares of the mining company’s stock valued at $1,103,000 after acquiring an additional 46,780 shares during the last quarter.
Alexco Resource Company Profile
Alexco Resource Corp. (Alexco) operates two businesses: a mining business, consisting of mineral exploration and mine development and operation in Canada, located in Yukon Territory, and through its Alexco Environmental Group (AEG), an environmental services business, providing consulting, remediation solutions and project management services in respect of environmental permitting and compliance and site remediation, in Canada and the United States.
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