Alexco Resource (NYSEAMERICAN:AXU) Trading Up 4.6% – What’s Next?

Alexco Resource Corp. (NYSEAMERICAN:AXU) (TSE:AXR)’s share price shot up 4.6% during trading on Wednesday . The company traded as high as $0.47 and last traded at $0.45. 534,500 shares were traded during trading, a decline of 50% from the average session volume of 1,064,682 shares. The stock had previously closed at $0.43.

Alexco Resource Stock Performance

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

Alexco Resource Corp. engages in the mineral exploration, evaluation, development, and operational activities primarily in Yukon Territory, Canada. The company explores for silver, lead, zinc, and gold deposits. It owns interests in the majority of the historic Keno Hill Silver District project that comprises the Flame & Moth, Bermingham, Lucky Queen, Bellekeno, and Onek deposits, as well as 722 quartz mining leases, 873 quartz claims, 24 placer mining claims, 1 quartz mining license and 50% of 3 quartz mining leases, 2 crown grants, and 6 fee simple lots and 7 surface leases located in Yukon Territory.