Alexco Resource (NYSEAMERICAN:AXU) Shares Break Above 200-Day Moving Average – Here’s Why

by · The Markets Daily

Alexco Resource Corp. (NYSEAMERICAN:AXU – Get Free Report) (TSE:AXR) crossed above its two hundred day moving average during trading on Tuesday. 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 traded.

Alexco Resource Price Performance

The stock has a 50 day simple moving average of $0.45 and a two-hundred day simple moving average of $0.45. The company has a market cap of $76.48 million, a price-to-earnings ratio of -6.36 and a beta of 1.06.

About Alexco Resource

(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.

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