Alexco Resource (TSE:AXU) Stock Price Up 4.8% – Time to Buy?

Alexco Resource Corp. (TSE:AXUGet Free Report) rose 4.8% during mid-day trading on Monday . The stock traded as high as C$0.65 and last traded at C$0.65. Approximately 44,917 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 320,185 shares. The stock had previously closed at C$0.62.

Alexco Resource Stock Performance

The company has a debt-to-equity ratio of 14.39, a quick ratio of 0.45 and a current ratio of 0.75. The stock’s 50 day simple moving average is C$0.65. The firm has a market cap of C$118.57 million and a price-to-earnings ratio of -5.24.

Alexco Resource Company Profile

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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.

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