Alexco Resource Stock Hits New 52-Week High (AXU)

NEW YORK ( TheStreet) -- Alexco Resource Corp (AMEX: AXU) hit a new 52-week high Wednesday as it is currently trading at $10.12, above its previous 52-week high of $10.09 with 337,857 shares traded as of 10:23 a.m. ET. Average volume has been 700,100 shares over the past 30 days.

Alexco Resource has a market cap of $563.6 million and is part of the basic materials sector and metals & mining industry. Shares are up 16.8% year to date as of the close of trading on Tuesday.

Alexco Resource Corp. engages in the exploration and development of mineral properties in Canada, primarily in Yukon Territory.
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TheStreet Ratings rates Alexco Resource as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, revenue growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. You can view the full Alexco Resource Ratings Report.

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