The time has not yet come to remove your chips from the table: Alexco Resource Corp. (AXU)

Alexco Resource Corp. (AMEX: AXU) stock jumped 7.29% on Friday to $0.53 against a previous-day closing price of $0.50. With 1.05 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.36 million shares. During the session, the Other Precious Metals & Mining company that operates in wider Basic Materials sector, reached to the highest price of $0.5519 whereas the lowest price it dropped to was $0.4967. The 52-week range on AXU shows that it touched its highest point at $2.19 and its lowest point at $0.35 during that stretch. Beta for the stock currently stands at 1.42.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AXU was up-trending over the past week, with a rise of 6.47%, but this was up by 33.62% over a month. Three-month performance dropped to -54.70% while six-month performance fell -61.82%. The stock lost -74.30% in the past year, while it has lost -69.28% so far this year. A look at the trailing 12-month EPS for AXU yields -0.05 with Next year EPS estimates of 0.24. For the next quarter, that number is 0.00. This implies an EPS growth rate of 110.00% for this year and 1100.00% for next year.

Float and Shares Shorts:

At present, 154.19 million AXU shares are outstanding with a float of 140.83 million shares on hand for trading. On Jul 14, 2022, short shares totaled 4.63 million, which was 2.84% higher than short shares on Jun 14, 2022. In addition to Mr. Clynton R. Nauman B.Sc., BSc (Hons) as the firm’s Chairman & CEO, Mr. Bradley A. Thrall B.Sc., BSc, M.B.A., MBA serves as its Pres.

Institutional Ownership:

Through their ownership of 30.85% of AXU’s outstanding shares, institutional investors have minority control over the company. Other institutions hold — of AXU, in contrast to — held by mutual funds. Shares owned by individuals account for –. With a 4.43% stake in AXU, the Invesco Gold and Special Minerals is the largest stakeholder. A total of 7,200,905 shares are owned by the mutual fund manager. The VanEck Junior Gold Miners ETF, which owns about 4.25% of AXU stock, is the second-largest Mutual Fund holder. It holds 6,915,215 shares valued at 2.77 million. Jupiter Asset Mgmt. Series Plc – holds 3.30% of the stake in AXU, owning 5,361,900 shares worth 2.14 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AXU since 5 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With AXU analysts setting a high price target of $1.35 and a low target of $0.31, the average target price over the next 12 months is $0.61. Based on these targets, AXU could surge 154.72% to reach the target high and fall by -41.51% to reach the target low. Reaching the average price target will result in a growth of 15.09% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. AXU will report FY 2022 earnings on 03/15/2023. Analysts have provided yearly estimates in a range of -$0.07 being high and -$0.12 being low. For AXU, this leads to a yearly average estimate of -$0.10. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Alexco Resource Corp. surprised analysts by -$0.01 when it reported -$0.03 EPS against a consensus estimate of -$0.02. The surprise factor in the prior quarter was -$0.03. The average estimate for the next quarter is thus -$0.01.

Summary of Insider Activity:

Insiders traded AXU stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 40 while that of sell transactions has risen to 29 over the past year. The total number of shares bought during that period was 881,270 while 391,989 shares were sold.

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