Alexco Resource (TSE:AXR) Share Price Crosses Above 200 Day Moving Average of $0.00
Alexco Resource Corp. (TSE:AXR) (NYSE:AXU) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $1.44. Alexco Resource shares last traded at $1.42, with a volume of 75,469 shares changing hands.
Separately, Roth Capital reiterated a “buy” rating on shares of Alexco Resource in a report on Tuesday, March 19th.
The company has a current ratio of 1.91, a quick ratio of 1.60 and a debt-to-equity ratio of 1.49. The firm has a market capitalization of $164.95 million and a price-to-earnings ratio of -36.25. The business’s 50-day moving average price is C$1.43.
About Alexco Resource (TSE:AXR)
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 owns interests in the Keno Hill Silver District project that comprises the Flame & Moth, Bermingham, Lucky Queen, Bellekeno, and Onek deposits, as well as 725 surveyed quartz mining leases, 866 unsurveyed quartz mining claims, 8 placer claims, and 2 crown grants covering an area of 233 square kilometers located in Yukon Territory.
Further Reading: Golden Cross
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