Alexco Resource Corp. (NYSEAMERICAN:AXU – Get Free Report) (TSE:AXR) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.00 and traded as high as $0.47. Alexco Resource shares last traded at $0.45, with a volume of 534,500 shares trading hands.
Alexco Resource Stock Up 4.6 %
The company has a market cap of $76.48 million, a price-to-earnings ratio of -6.36 and a beta of 1.06.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the business. Sprott Inc. boosted its stake in shares of Alexco Resource by 49.0% during the 1st quarter. Sprott Inc. now owns 69,055 shares of the mining company’s stock worth $107,000 after acquiring an additional 22,700 shares in the last quarter. Cibc World Market Inc. lifted its position in shares of Alexco Resource by 18.8% in the 1st quarter. Cibc World Market Inc. now owns 168,810 shares of the mining company’s stock worth $262,000 after acquiring an additional 26,692 shares during the period. Royal Bank of Canada lifted its position in shares of Alexco Resource by 315.6% in the 1st quarter. Royal Bank of Canada now owns 39,899 shares of the mining company’s stock worth $62,000 after acquiring an additional 30,299 shares during the period. Millennium Management LLC acquired a new stake in shares of Alexco Resource during the 2nd quarter worth approximately $46,000. Finally, Northern Trust Corp bought a new stake in shares of Alexco Resource during the second quarter valued at approximately $60,000. 26.45% of the stock is owned by institutional investors and hedge funds.
Alexco Resource Company Profile
Alexco Resource Corp. engages in the mineral exploration, evaluation, development, and operational activities primarily in Yukon Territory, Canada. The company explores for silver, lead, zinc, and gold deposits. It owns interests in the majority of the historic Keno Hill Silver District project that comprises the Flame & Moth, Bermingham, Lucky Queen, Bellekeno, and Onek deposits, as well as 722 quartz mining leases, 873 quartz claims, 24 placer mining claims, 1 quartz mining license and 50% of 3 quartz mining leases, 2 crown grants, and 6 fee simple lots and 7 surface leases located in Yukon Territory.
Featured Articles
- Five stocks we like better than Alexco Resource
- P/E Ratio Calculation: How to Assess Stocks
- These Quality Dividend Kings Grow their Dividends the Fastest
- With Risk Tolerance, One Size Does Not Fit All
- 3 Growth Stocks to Buy in September
- How to Most Effectively Use the MarketBeat Earnings Screener
- 3 Underappreciated Stocks with Nowhere to Go But Up
Receive News & Ratings for Alexco Resource Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alexco Resource and related companies with MarketBeat.com's FREE daily email newsletter.
