Is this a stock to like? You bet. Just having investment fun with this stock.
Number 1 reason for me :
Alexco is cleaning up the old mines and the tailings below Elsa. Walking through that was like walking through talcum powder and was a blight looking towards Mt. Haldane.
Some thoughts:
Taking a back look at silver prices in 87-90, mining methods, cost of trucking concentrate plus 2 painfull labour issues it became painfully clear that it was impossible for UKHM to continue. There was never a lack of silver at Keno Hill, even back in the Treadwell days, in fact the Husky mine kept UKHM and the town going for a long time.
Today it's apparent that Alexco is backed by some major instutional investment houses, has a focus on the environment, drilling out areas of interest and has better milling capabilites. One area that could have used a bit more exploration was on the southwest slope south of Elsa as there was never great equipment nor time to drill it out but there appeared to be indicators from the Husky production
Moving forward to 21:
Is silver is going back to 87 prices (inflation adjusted), who knows? But Alexco seems to be moving forward to make this a great investment and analysts seem to agree.
Alexco Resource Corp. (AXU) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Alexco Resource Corp. (AXU) is a “Overweight”. 6 analysts offering their recommendations for the stock have an average rating of 2.20, where 1 rate it as a Hold and 1 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Alexco Resource Corp. is expected to release its quarterly report on 08/17/2021 and quarterly earnings per share for the current quarter are estimated at $0.01 with sales reaching $7.67M over the same period.
Alexco Resource Corp. (AXU) – Don’t Believe the Hype: Check The Facts – News RTS