Alexco Resource (NYSEAMERICAN:AXU) Share Price Breaks Above 200-Day Moving Average – What’s Next?

Alexco Resource Corp. (NYSEAMERICAN:AXU – Get Free Report) (TSE:AXR) shares passed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $0.45 and traded as high as $0.4688. Alexco Resource shares last traded at $0.4454, with a volume of 534,500 shares changing hands.

Alexco Resource Trading Up 4.6%

The business has a 50-day moving average price of $0.45 and a 200-day moving average price of $0.45. The stock has a market cap of $76.48 million, a PE ratio of -6.36 and a beta of 1.06.

Alexco Resource Company Profile

(Get Free Report)

Alexco Resource Corp. was a Canadian mineral exploration and mining company focused primarily on silver. Its principal asset was the Keno Hill Silver District in Yukon, Canada, a historically significant high-grade silver-producing region. Through its operations and subsidiaries, Alexco was involved in mineral exploration, mine development, production activities and environmental management related to the district.

The company operated underground silver mines in the Keno Hill district, including the Bellekeno, Flame & Moth, and Bermingham mines, and processed ore at the Keno Hill mill.

Recommended Stories

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.