Alexco Resource Corp. (NYSEAMERICAN:AXU) (TSE:AXR) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,058,726 shares, an increase of 12.9% from the December 14th total of 937,680 shares. Based on an average daily trading volume, of 228,393 shares, the short-interest ratio is currently 4.6 days.

Separately, Zacks Investment Research upgraded shares of Alexco Resource from a “sell” rating to a “hold” rating in a research report on Monday, September 24th.

NYSEAMERICAN:AXU opened at $1.05 on Friday. Alexco Resource has a 1-year low of $0.68 and a 1-year high of $1.79.

Alexco Resource (NYSEAMERICAN:AXU) (TSE:AXR) last released its earnings results on Tuesday, November 13th. The mining company reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.01. The business had revenue of $3.57 million during the quarter, compared to analyst estimates of $2.86 million.

A number of institutional investors have recently added to or reduced their stakes in the business. Raffles Associates LP lifted its holdings in Alexco Resource by 15.0% in the third quarter. Raffles Associates LP now owns 573,400 shares of the mining company’s stock valued at $591,000 after acquiring an additional 75,000 shares during the period. Renaissance Technologies LLC lifted its holdings in Alexco Resource by 662.1% in the second quarter. Renaissance Technologies LLC now owns 88,400 shares of the mining company’s stock valued at $118,000 after acquiring an additional 76,800 shares during the period. Finally, Pathstone Family Office LLC lifted its holdings in Alexco Resource by 271,792.5% in the third quarter. Pathstone Family Office LLC now owns 761,299 shares of the mining company’s stock valued at $784,000 after acquiring an additional 761,019 shares during the period.

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Alexco Resource Company Profile

Alexco Resource Corp. engages in the mineral exploration, and mine development and operational activities primarily in Yukon Territory, Canada. The company explores for silver, lead, and zinc deposits. It primarily owns 100% interests in the Keno Hill Silver District project comprising the Flame & Moth, Bermingham, Lucky Queen, Bellekeno, and Onek deposits, as well as 703 surveyed quartz mining leases and 866 unsurveyed quartz mining claims, and 2 crown grants covering an area of 237.44 square kilometers located in Yukon Territory.

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