What’s in Alexco Resource Corp. After Today’s Huge Decline?


 What's in Alexco Resource Corp. After Today's Huge Decline?

The stock of Alexco Resource Corp. (TSE:AXR) is a huge mover today! About 27,300 shares traded hands. Alexco Resource Corp. (TSE:AXR) has risen 100.98% since March 10, 2016 and is uptrending. It has outperformed by 95.37% the S&P500.
The move comes after 6 months negative chart setup for the $173.11M company. It was reported on Oct, 17 by Barchart.com. We have $1.77 PT which if reached, will make TSE:AXR worth $22.50M less.

More news for Alexco Resource Corp. (TSE:AXR) were recently published by: Seekingalpha.com, which released: “Take Profits On Alexco Resource Corp.” on July 01, 2016. Quotes.Wsj.com‘s article titled: “News Alexco Resource Corp.AXU” and published on February 12, 2011 is yet another important article.

Alexco Resource Corp. operates two businesses: a mining business, consisting of mineral exploration and mine development and operation in Canada, located in Yukon Territory, and through its Alexco Environmental Group (AEG), an environmental services business, providing consulting, remediation solutions and project management services in respect of environmental permitting and compliance and site remediation, in Canada and the United States. The company has a market cap of $173.11 million. The Company’s principal mining business activities are being carried out within the Keno Hill Silver District (KHSD) in Yukon Territory. It currently has negative earnings. The KHSD project is located near the village of Keno City, approximately 350 kilometers north of Whitehorse, Yukon.

AXR Company Profile

Amrep Corporation, incorporated on August 7, 1987, is a holding company. The Company, through its subsidiaries, operates through two divisions: the real estate business operated by AMREP Southwest Inc. (AMREP Southwest) and its subsidiaries, and the Fulfillment Services business operated by Palm Coast Data LLC (Palm Coast) and its affiliates.

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