Alexco Resource Corp found using ticker (AXU) now have 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 4.29 and 2.57 with a mean TP of 3.33. Now with the previous closing price of 1.7 this would imply there is a potential upside of 95.9%. The 50 day MA is 1.84 and the 200 moving average now moves to 2.15. The company has a market cap of $255m. You can visit the company’s website by visiting: https://www.alexcoresource.com
The potential market cap would be $499m based on the market concensus.
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, zinc, and gold deposits. It owns interests in the majority of the historic Keno Hill Silver District project that comprises the Flame & Moth, Bermingham, Lucky Queen, Bellekeno, and Onek deposits, as well as 722 quartz mining leases, 873 quartz claims, 24 placer mining claims, 1 quartz mining license and 50% of 3 quartz mining leases, 2 crown grants, and 6 fee simple lots and 7 surface leases located in Yukon Territory. Alexco Resource Corp. was incorporated in 2004 and is headquartered in Vancouver, Canada.