Alexco Resource Corp. (AXU) Earning Favorable Press Coverage, AlphaOne Reports
News articles about Alexco Resource Corp. (NYSE:AXU) (TSE:AXR) have trended positive this week, Alpha One Sentiment Analysis reports. Alpha One, a service of Accern, identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Alexco Resource Corp. earned a news impact score of 0.46 on Alpha One’s scale. Alpha One also gave news stories about the mining company an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an effect on the stock’s share price in the next several days.
Alexco Resource Corp. (NYSE:AXU) traded down 2.92% during midday trading on Friday, reaching $1.33. 874,351 shares of the company’s stock traded hands. The company’s 50-day moving average price is $1.33 and its 200-day moving average price is $1.52. The stock’s market cap is $128.94 million. Alexco Resource Corp. has a 52-week low of $1.10 and a 52-week high of $2.54.
Separately, TheStreet downgraded shares of Alexco Resource Corp. from a “c-” rating to a “d+” rating in a research note on Friday, March 10th.
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About Alexco Resource Corp.
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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