Wednesday, November 10, 2010

Alexco Resource (AMEX:AXU) Doubles Over Last Year

Alexco Resource Corp. (AMEX:AXU) is worth taking a look at, as the mineral exploration and development company has doubled its share price over the last 12 months, and seems to have continual support under the current levels.

The company mines, for the most part, in the Yukon Territory of Canada, and its properties are thought to hold gold, silver, lead and zinc ores.

They also generate secondary revenue from project management services and consulting on environmental permitting.

Alexco was trading at $6.42, up by $0.11, or 1.74 percent. Trading volume is above its 3-month daily average.

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