1. Homepage
  2. Equities
  3. Canada
  4. Toronto Stock Exchange
  5. Alexco Resource Corp.
  6. News
  7. Summary
    AXU   CA01535P1062

ALEXCO RESOURCE CORP.

(AXU)
  Report
Delayed Toronto Stock Exchange  -  03:59 2022-08-12 pm EDT
0.6900 CAD   +4.55%
06:12aALEXCO RESOURCE : INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - Form 6-K
PU
06:12aALEXCO RESOURCE : ANNOUNCES SECOND QUARTER 2022 RESULTS - Form 6-K
PU
08/11ALEXCO RESOURCE : Q2 Earnings Snapshot
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Toronto Stocks Sharply Lower With Global Markets; Alexco Resources Rises on Hecla Mining Acquisition

07/05/2022 | 12:16pm EDT

By Adriano Marchese


Toronto-listed stocks were firmly lower Tuesday mid-trading, in step with U.S. markets, which opened Tuesday after being closed Monday for Independence Day. Concerns remain over lingering inflation and skepticism around economic growth potential. In the session, most Canadian sectors were lower, led by energy and materials, while healthcare and tech were the leaders. Shares in Alexco Resource Corp. rose after Hecla Mining Co. said it agreed to acquire any shares in the company it doesn't own.

At midday, Canada's S&P/TSX Composite Index was down 2.2% at 18601.94 and the blue-chip S&P/TSX 60 fell by 2% to 1132.88.

Shares in Yukon-based Alexco Resource rose 1.8% to C$0.56 after Hecla Mining said it would issue 18 million shares to exchange for the remaining Alexco shares, implying a consideration of UD$0.47 an Alexco share.

Other market movers:

New York-listed Hecla Mining shares fell 11.7% to US$3.55 after the company said it agreed to buy all remaining shares it doesn't already own of Alexco, and that it would pay Wheaton Precious Metals Corp. $135 million in its own shares for it to terminate its silver streaming interest with Alexco. Wheaton Precious Metals' shares were down 4.9% at C$45.69.

Dollarama Inc. said it would renew its buyback program to repurchase up to 7.5% of its public float over the course of a one-year period. Shares were up 0.7% to $75.99.


Write to Adriano Marchese at adriano.marchese@wsj.com


(END) Dow Jones Newswires

07-05-22 1215ET

Stocks mentioned in the article
ChangeLast1st jan.
ALEXCO RESOURCE CORP. 4.55% 0.69 Delayed Quote.-70.40%
DOLLARAMA INC. 0.61% 79.25 Delayed Quote.24.42%
HECLA MINING COMPANY 2.21% 4.62 Delayed Quote.-11.49%
PLATINUM 0.00% 958.4 Delayed Quote.-1.29%
S&P GSCI PRECIOUS METALS INDEX 0.57% 2350.88 Real-time Quote.-2.27%
SILVER 2.55% 20.786 Delayed Quote.-12.98%
WHEATON PRECIOUS METALS CORP. 1.26% 43.53 Delayed Quote.-20.80%
All news about ALEXCO RESOURCE CORP.
06:12aALEXCO RESOURCE : INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - Form 6-K
PU
06:12aALEXCO RESOURCE : ANNOUNCES SECOND QUARTER 2022 RESULTS - Form 6-K
PU
08/11ALEXCO RESOURCE : Q2 Earnings Snapshot
AQ
08/11ALEXCO BRIEF : Reported an adjusted net loss of C$4,269,000 for Q2 2022; Being Bought by H..
MT
08/11Alexco Resource Corp. Reports Earnings Results for the Second Quarter and Six Months En..
CI
08/11Alexco announces second quarter 2022 results
AQ
08/05ALEXCO RESOURCE ( “”) FO : ALEXCO RESOURCE CORP. (the “Company”) -..
PU
08/04Alexco Announces the Filing of Management Information Circular in Connection with Speci..
AQ
08/04Alexco Resource Corp. announced that it has received CAD 4.49205 million in funding
CI
07/29ALEXCO RESOURCE : ASSIGNMENT AND AMENDMENT AGREEMENT - Form 6-K
PU
More news
Analyst Recommendations on ALEXCO RESOURCE CORP.
More recommendations
Financials (USD)
Sales 2022 11,4 M - -
Net income 2022 - - -
Net Debt 2022 - - -
P/E ratio 2022 -
Yield 2022 -
Capitalization 92,6 M 92,6 M -
Capi. / Sales 2022 8,12x
Capi. / Sales 2023 1,02x
Nbr of Employees 187
Free-Float 82,0%
Chart ALEXCO RESOURCE CORP.
Duration : Period :
Alexco Resource Corp. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ALEXCO RESOURCE CORP.
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 3
Last Close Price 0,54 $
Average target price 0,47 $
Spread / Average Target -13,4%
Managers and Directors
Clynton R. Nauman Executive Chairman & Chief Executive Officer
Bradley A. Thrall President
Michael Clark Chief Financial Officer & Secretary
Linda Broughton Vice President-Technical Services
Wayne Zigarlick Vice President-Operations & General Manager
Sector and Competitors