Alexco Resource (TSE:AXR) Trading Down 3.7% – Time to Sell?

Alexco Resource Corp. (TSE:AXR) (NYSE:AXU) shares traded down 3.7% on Monday . The company traded as low as C$2.33 and last traded at C$2.33. 172,544 shares were traded during trading, an increase of 56% from the average session volume of 110,493 shares. The stock had previously closed at C$2.42.

Alexco Resource Stock Down 3.7 %

The company has a quick ratio of 2.86, a current ratio of 3.17 and a debt-to-equity ratio of 1.30. The company’s 50-day moving average price is C$2.33. The stock has a market capitalization of C$272.58 million and a P/E ratio of -70.61.

Alexco Resource Company Profile

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.