Alexco Resource (NYSEAMERICAN:AXU) Trading 6.5% Higher
Alexco Resource Corp. (NYSEAMERICAN:AXU) (TSE:AXR)’s share price traded up 6.5% during mid-day trading on Thursday . The company traded as high as $1.83 and last traded at $1.81, 1,225,296 shares were traded during mid-day trading. An increase of 54% from the average session volume of 797,057 shares. The stock had previously closed at $1.70.
A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research cut shares of Alexco Resource from a “buy” rating to a “hold” rating in a research report on Tuesday, November 5th. TheStreet raised Alexco Resource from a “d+” rating to a “c-” rating in a research note on Thursday, July 25th.
Alexco Resource (NYSEAMERICAN:AXU) (TSE:AXR) last posted its quarterly earnings results on Wednesday, August 14th. The mining company reported ($0.01) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.02) by $0.01. The company had revenue of $6.50 million during the quarter, compared to analyst estimates of $5.19 million.
Alexco Resource Company Profile (NYSEAMERICAN:AXU)
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.
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