Today it was reported that the Chief Financial Officer of Alexco Resource (AXU), Michael Clark, exercised options to sell 25,000 AXU shares for a total transaction value of $80K.
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Based on Alexco Resource’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $567K and quarterly net profit of $12.05 million. In comparison, last year the company earned revenue of $290K and had a net profit of $1.21 million. Currently, Alexco Resource has an average volume of 971.09K. AXU’s market cap is $256 million and the company has a P/E ratio of 1190.60.
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Alexco Resource Corp. conducts mining operations and mineral exploration and development in Canada. It engages in the exploration of silver, lead, zinc, and gold ores. The firm operates through the following business segments: Environmental Services, Mining Operations, and Corporate and Other. The Environmental Services segment provides consulting and project management services in respect of environmental permitting and compliance, and site remediation and reclamation. The Mining Operations segment operates in Bellekeno mine, producing silver, lead and zinc in the form of concentrates. The Corporate and Other segment covers head office and general corporate administration activities. Alexco Resource was founded on December 3, 2004 and is headquartered in Vancouver, Canada.
