Alexco Resource Corp. (AXR:CA) Rises 8.65% for January 12

Equities Staff  |

January 12 was a positive day for Alexco Resource Corp. (AXR:CA) as its stock finished the day having gained 8.65% to hit a price of $2.01 a share. The company reached a market cap of 203.5 million and has 101.24 million shares outstanding. Alexco Resource Corp. is a component of the the S&P/TSX SmallCap Index.

174,233 shares changed hands over the course of the day as compared to an average volume of 83,704 over the last 30 days for Alexco Resource Corp..

Alexco Resource Corp through its subsidiary provides consulting, remediation solutions and project management services in Canada & the USA. It is also engaged in the process of mining, exploring and developing mineral properties in Canada.. The company makes its home in Vancouver, BC, and is currently under the leadership of CEO Clynton R. Nauman.

Alexco Resource Corp. has hit a high of $2.66 and reached a low of $1.41 over its last year of trading. The stock’s 50-day SMA is now $1.74 and 200-day SMA is $1.81. As for its price valuations, the P/E ratio is at 0 and P/B is now 1.99.

Want to invest with the experts? Subscribe to Equities Premium newsletters today! Visit http://www.equitiespremium.com/ to learn more about Guild Investment’s Market Commentary and Adam Sarhan’s Find Leading Stocks today.

The S&P/TSX SmallCap Index tracks over 200 Canadian small-cap stocks for cumulative performance. Relying on market cap weighting to calculate returns, it’s an index similar in composition to the Russell 2000, only focused on Canadian companies and much smaller in terms of its total membership. Widely recognized as the benchmark for small-cap Canadian stocks, the member companies must have a market cap between C$100 million and C$1.5 billion and an average share price of at least C$1.

To get more information on Alexco Resource Corp. and to follow the company’s latest updates, you can visit the company’s profile page here: AXR:CA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

Global Cannabis

Global Cannabis Applications Corp is engaged in the design, acquire data and develop applications for smartphones and tablets. The company offer Citizen Green platform, an end to end infrastructure to…