Alexco Resource Corporation (AXU) was a big mover last session, as the company saw its shares rise by nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now down nearly 1% in the past one-month time frame.
The company has seen no revisions over the past 30 days and the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Alexco currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Some well-placed stocks in the broader basic material industry include Clearwater Paper Corporation (CLW), The Andersons, Inc. (ANDE) and Golden Star Resources, Ltd. (GSS). All these stocks also sport a Zacks Rank #1.
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