The Non-Executive of Alexco Resource is Exercising Options


Yesterday it was reported that the Non-Executive of Alexco Resource (AXU), Elaine M Sanders, exercised options to sell 8,789 AXU shares for a total transaction value of $37.18K.

Following this transaction Elaine M Sanders’ holding in the company was decreased by 7% to a total of $382.9K. In addition to Elaine M Sanders, 5 other AXU executives reported Sell trades in the last month.

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Based on Alexco Resource’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $795K and GAAP net loss of -$15,241,000. In comparison, last year the company earned revenue of $555K and had a GAAP net loss of $2.31 million. The company has a one-year high of $3.50 and a one-year low of $0.72.

The insider sentiment on Alexco Resource has been negative according to 42 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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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.

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