After Today’s Huge Decline, Is Alexco Resource Corp.’s Near-Term Analysis Negative?

 After Today's Huge Decline, Is Alexco Resource Corp.'s Near Term Analysis Negative?

The stock of Alexco Resource Corp. (TSE:AXR) is a huge mover today! About 38,685 shares traded hands. Alexco Resource Corp. (TSE:AXR) has risen 107.20% since March 31, 2016 and is uptrending. It has outperformed by 106.11% the S&P500.
The move comes after 5 months negative chart setup for the $228.73 million company. It was reported on Nov, 4 by Barchart.com. We have $2.25 PT which if reached, will make TSE:AXR worth $22.87 million 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 $228.73 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.

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