Alexco Resource Corp. (NYSE:AXU) has been given an average broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation.
Zacks has also assigned Alexco Resource Corp. an industry rank of 18 out of 265 based on the ratings given to related companies.
Several research firms have recently commented on AXU. TheStreet raised shares of Alexco Resource Corp. from a “sell” rating to a “hold” rating in a research note on Friday, August 26th. Canaccord Genuity raised shares of Alexco Resource Corp. from a “hold” rating to a “buy” rating in a report on Tuesday, September 13th.
Shares of Alexco Resource Corp. (NYSE:AXU) opened at 1.77 on Thursday. Alexco Resource Corp. has a 12-month low of $0.22 and a 12-month high of $2.54. The stock’s market capitalization is $157.92 million. The stock has a 50 day moving average of $1.93 and a 200 day moving average of $1.53.
Hedge funds have recently modified their holdings of the stock. KCG Holdings Inc. boosted its stake in shares of Alexco Resource Corp. by 96.1% in the second quarter. KCG Holdings Inc. now owns 83,044 shares of the mining company’s stock valued at $134,000 after buying an additional 40,691 shares during the period. Raymond James & Associates purchased a new stake in shares of Alexco Resource Corp. during the second quarter valued at $153,000. Integrated Investment Consultants LLC purchased a new stake in shares of Alexco Resource Corp. during the second quarter valued at $408,000. Renaissance Technologies LLC boosted its stake in shares of Alexco Resource Corp. by 27.6% in the first quarter. Renaissance Technologies LLC now owns 1,069,200 shares of the mining company’s stock valued at $1,032,000 after buying an additional 231,372 shares during the period. Finally, Penserra Capital Management LLC purchased a new stake in shares of Alexco Resource Corp. during the second quarter valued at $1,086,000.
Alexco Resource Corp. Company Profile
Alexco Resource Corp. (Alexco) operates two businesses: a mining business, consisting of mineral exploration and mine development and operation in Canada, located 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 and the United States.
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