Alexco Resource Corp (AXU) : Traders are bullish on Alexco Resource Corp (AXU) as it has outperformed the S&P 500 by a wide margin of 14.44% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.68%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.74% in the last 1 week, and is up 15.63% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 13.93% and the 50-Day Moving Average is 32.92%. Alexco Resource Corp (NYSEMKT:AXU): On Fridays trading session , Opening price of the stock was $2.37 with an intraday high of $2.43. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $2.19. However, the stock managed to close at $2.22, a loss of 2.63% for the day. On the previous day, the stock had closed at $2.28. The total traded volume of the day was 809,958 shares.
Institutional Investors own 3.61% of Alexco Resource Corp shares.
Alexco Resource Corp. (Alexco) is a mining company. The Company operates two businesses: a mining business, comprising mineral exploration and mine development and operation in Canada, primarily 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, the United States and elsewhere. Its principal mining business activities are being carried out within the Keno Hill District in Yukon Territory. The Keno Hill District (the District) is a storied silver mining region in Canada, encompassing over 35 former mines that produced variously, with published information from the Yukon Governments Minfile database reporting more than 217 million ounces of silver produced at average grades of approximately 40.5 ounces per ton silver, 5.6% lead and 3.1% zinc.