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Alexco Resource Corp (NYSE:AXU) saw a large drop in short interest in April. As of April 15th, there was short interest totalling 452,359 shares, a drop of 24.0% from the March 31st total of 594,828 shares, ARN reports. Approximately 0.8% of the shares of the company are short sold. Based on an average trading volume of 192,191 shares, the days-to-cover ratio is currently 2.4 days.

Separately, analysts at Zacks downgraded shares of Alexco Resource Corp from an “outperform” rating to a “neutral” rating in a research note on Monday, February 10th. They now have a $1.90 price target on the stock.

Shares of Alexco Resource Corp (NYSE:AXU) opened at 1.23 on Tuesday. Alexco Resource Corp has a one year low of $0.90 and a one year high of $2.43. The stock has a 50-day moving average of $1.62 and a 200-day moving average of $1.53. The company’s market cap is $77.0 million.

Alexco Resource Corp (NYSE:AXU) last released its earnings data on Tuesday, March 25th. The company reported ($0.02) earnings per share for the quarter, meeting the analysts’ consensus estimate of ($0.02). On average, analysts predict that Alexco Resource Corp will post $-0.04 earnings per share for the current fiscal year.

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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