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Alexco Resource: 1Q Earnings Snapshot

VANCOUVER, British Columbia (AP) _ Alexco Resource Corp. (AXU) on Wednesday reported first-quarter net income of $908,000, after reporting a loss in the same period a year earlier.

The Vancouver, British Columbia-based company said it had profit of 1 cent per share. Losses, adjusted for non-recurring gains, came to 2 cents per share.

The mining company posted revenue of $5.4 million in the period.

The company's shares closed at $1.02. A year ago, they were trading at $1.50.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AXU at https://www.zacks.com/ap/AXU