ALEXCO RESOURCE (AXU) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of ALEXCO RESOURCE (AXU) from NEUTRAL to UNDERPERFORM on September 07, 2012, with a target price of $3.70.

Alexco Resource Corp. is a precious metals exploration company with a silver focus and a growing environmental services business. The Company conducts mineral exploration in Canada, primarily in Yukon, and performs reclamation and remediation services at mine sites using its rights to certain patents and the expertise acquired by its officers.

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