Alexco Resource (NYSEAMERICAN:AXU) Stock Passes Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Alexco Resource Corp. (NYSEAMERICAN:AXU) (TSE:AXR) passed above its two hundred day moving average during trading on Thursday . 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 changing hands.

Alexco Resource Stock Performance

The company has a 50-day moving average of $0.45 and a 200-day moving average of $0.45. The stock has a market capitalization 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.