Alexco Resource (AXU) Issues Quarterly Earnings Results, Meets Expectations

Alexco Resource (NYSEAMERICAN:AXU) (TSE:AXR) announced its earnings results on Wednesday. The mining company reported ($0.02) EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.02), Fidelity Earnings reports.

AXU stock opened at $1.24 on Friday. Alexco Resource has a fifty-two week low of $0.68 and a fifty-two week high of $1.70.

AXU has been the topic of several recent analyst reports. TheStreet raised Alexco Resource from a “d+” rating to a “c-” rating in a research note on Friday, March 8th. Zacks Investment Research raised Alexco Resource from a “hold” rating to a “buy” rating and set a $1.50 price target on the stock in a research note on Tuesday, February 12th.

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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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Earnings History for Alexco Resource (NYSEAMERICAN:AXU)

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