Alexco Resource Corporation (AXU) announced their most recent earnings results for the quarter ended in June 2011. They reported actual earnings per share of $0.03 when they were expecting earnings to be $0.04 per share. Earnings were unexpectedly -25.0% lower or $-0.01 per share below estimates. Investors could expect the stock price to fall as earnings were below expectations. Examining previous stock price movement may help to further determine the direction of the share price. Guidance, stock price, and revenue estimates must be considered as well. There is currently 1 analyst covering this firm. Investors can look to their reports for more information. Shares of AXU traded higher by 1.54% or $0.131/share to $8.65. In the past year, the shares have traded as low as $4.36 and as high as $10.28. On average, 434872 shares of AXU exchange hands on a given day and today's volume is recorded at 46895.
Canadian listed Alexco Resourcs (AXR) reported earnings results for the quarter ended June 2011. They reported actual earnings per share of $0.03 when they were expecting earnings to be $0.23 per share. Earnings missed estimates by an unexpected -86.96% downside surprise. Investors might expect the stock price to decrease as earnings were worse than expected. Further analysis may need to be conducted to determine whether the downswing will occur. There are currently 2 analysts covering this firm. Investors can look to their reports for more information. Shares of AXR traded higher by 1.07% or $0.09/share to $8.54. In the past year, the shares have traded as low as $4.49 and as high as $9.75. On average, 97117 shares of AXR.TO exchange hands on a given day and today's volume is recorded at 4245.
