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.

A number of hedge funds have recently bought and sold shares of AXU. FNY Investment Advisers LLC acquired a new position in Alexco Resource during the second quarter worth about $41,000. Bank of Montreal Can raised its stake in Alexco Resource by 1,640.9% during the second quarter. Bank of Montreal Can now owns 25,000 shares of the mining company’s stock worth $29,000 after acquiring an additional 23,564 shares in the last quarter. Renaissance Technologies LLC raised its stake in Alexco Resource by 25.3% during the second quarter. Renaissance Technologies LLC now owns 837,950 shares of the mining company’s stock worth $955,000 after acquiring an additional 169,400 shares in the last quarter. Sprott Inc. raised its stake in Alexco Resource by 34.6% during the second quarter. Sprott Inc. now owns 645,430 shares of the mining company’s stock worth $1,580,000 after acquiring an additional 165,932 shares in the last quarter. Finally, ETF Managers Group LLC raised its stake in Alexco Resource by 21.8% during the second quarter. ETF Managers Group LLC now owns 835,665 shares of the mining company’s stock worth $944,000 after acquiring an additional 149,293 shares in the last quarter.

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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