Alexco Resource (NYSEAMERICAN:AXU) Rating Increased to C- at TheStreet
Alexco Resource (NYSEAMERICAN:AXU) (TSE:AXR) was upgraded by equities research analysts at TheStreet from a “d+” rating to a “c-” rating in a note issued to investors on Thursday, TheStreetRatingsTable reports.
Separately, Zacks Investment Research lowered shares of HENGAN INTL GRP/ADR from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 21st.
Shares of Alexco Resource stock traded down $0.04 during mid-day trading on Thursday, hitting $1.68. The stock had a trading volume of 846,599 shares, compared to its average volume of 417,835. Alexco Resource has a 12-month low of $0.68 and a 12-month high of $1.87.
A hedge fund recently bought a new stake in Alexco Resource stock. FNY Investment Advisers LLC bought a new position in shares of Alexco Resource Corp. (NYSEAMERICAN:AXU) (TSE:AXR) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 36,000 shares of the mining company’s stock, valued at approximately $41,000.
About Alexco Resource
Alexco Resource Corp. engages in the mineral exploration, and mine development and operational activities primarily in Yukon Territory, Canada. The company explores for silver, lead, and zinc deposits. It owns interests in the Keno Hill Silver District project that comprises the Flame & Moth, Bermingham, Lucky Queen, Bellekeno, and Onek deposits, as well as 725 surveyed quartz mining leases, 866 unsurveyed quartz mining claims, 8 placer claims, and 2 crown grants covering an area of 233 square kilometers located in Yukon Territory.
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