Alexco Resource Corp. (NYSE:AXU) is on recovery track with 20% gain from a 1-year low price of $1.10. The company added 11.86% to attain the price of $1.32 on 11/21/2017. Throughout the recent session, the prices were hovering between $1.3 and $1.48. These shares are 110.61% off its target price of $2.78 and the current market capitalization stands at $127.2M. The recent change has given its price a -4.71% deficit over SMA 50 and -35.29% deficit over its 52-week high. The stock witnessed -1.49% declines, -6.38% declines and 0% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found AXU’s volatility during a week at 7.88% and during a month it has been found around 6.44%.
Institutional investors currently hold around $5 million or 34% in AXU stock. Look at its top three institutional owners. Global X Management Co Llc owns $1.35 million in Alexco Resource Corp., which represents roughly 1.06% of the company’s market cap and approximately 27.08% of the institutional ownership. Similar statistics are true for the second largest owner, Pathstone Family Office, Llc, which owns 761,299 shares of the stock are valued at $891 thousand. The third largest holder is Etf Managers Group, Llc, which currently holds $742 thousand worth of this stock and that ownership represents nearly 0.58% of its market capitalization.
At the end of 09/30/2017 reporting period, 18 institutional holders increased their position in Alexco Resource Corp. (NYSE:AXU) by some 1,176,568 shares, 9 decreased positions by 1,131,688 and 12 held positions by 2,270,946. That puts total institutional holdings at 4,579,202 shares, according to SEC filings. The stock grabbed 10 new institutional investments totaling 484,871 shares while 5 institutional investors sold out their entire positions totaling 93,746 shares.