Alexco Resource Corp Stock Rating Lowered by Zacks (AXU)
Alexco Resource Corp (NYSE:AXU) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a note issued to investors on Monday, AnalystRatingsNetwork reports. They currently have a $1.90 target price on the stock. Zacks‘ price target would suggest a potential downside of 7.77% from the stock’s previous close.
Separately, analysts at Cormark downgraded shares of Alexco Resource Corp to a “reduce” rating in a research note to investors on Thursday, January 9th. Three analysts have rated the stock with a sell rating and one has assigned a hold rating to the company. Alexco Resource Corp currently has a consensus rating of “Sell” and a consensus price target of $1.80.
Alexco Resource Corp (NYSE:AXU) traded up 8.99% on Monday, hitting $2.06. The stock had a trading volume of 707,260 shares. Alexco Resource Corp has a 52 week low of $0.90 and a 52 week high of $4.47. The stock has a 50-day moving average of $1. and a 200-day moving average of $1.45. The company’s market cap is $128.9 million.
Alexco Resource Corp. (NYSE:AXU) operates two businesses: mineral exploration and development in Canada, in Yukon Territory, and under its Alexco Environmental Group division (AEG), the provision of consulting and project management services in respect of environmental permitting and compliance and site remediation and reclamation, in Canada and the United States.
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