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

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

Alexco Resource Trading Down 3.7 %

The company has a debt-to-equity ratio of 1.30, a current ratio of 3.17 and a quick ratio of 2.86. The business’s 50 day simple moving average is C$2.33. The firm has a market cap of C$272.58 million and a PE 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.