Alexco Resource Corp. (NYSEAMERICAN:AXU) (TSE:AXR) was the recipient of a large increase in short interest in 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 volume of 228,393 shares, the days-to-cover ratio is presently 4.6 days.
Alexco Resource stock opened at $1.05 on Friday. Alexco Resource has a 52 week low of $0.68 and a 52 week high of $1.79.
Alexco Resource (NYSEAMERICAN:AXU) (TSE:AXR) last posted its quarterly earnings data on Tuesday, November 13th. The mining company reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.01. The company had revenue of $3.57 million for the quarter, compared to analysts’ expectations of $2.86 million.
Separately, Zacks Investment Research upgraded Alexco Resource from a “sell” rating to a “hold” rating in a research report on Monday, October 29th.
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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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