Alexco Resource (AXU) Catches Eye: Stock Up 5.5%

Zacks Equity Research

Tue, Mar 18, 2014, 5:35 AM

Alexco Resource Corporation (AXU) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $1.84 to $2.09 in the past one-month time frame.

The company has seen no revisions over the past 30 days and the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Alexco currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the broader basic material industry include Resolute Forest Products Inc. (RFP), Clearwater Paper Corporation (CLW) and Fibria Celulose SA (FBR). While Resolute Forest Pr oducts sports a Zacks Rank #1 (Strong Buy), Clearwater Paper and Fibria Celulose have a Zacks Rank #2 (Buy).

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ALEXCO RESOURCE CORP (AXU): Free Stock Analysis Report

RESOLUTE FOREST PRODUCTS INC (RFP): Free Stock Analysis Report

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Alexco Resource (AXU) Catches Eye: Stock Up 5.5%

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