2 Stocks Taking a Gut Shot: Alexco Resource Corp. (AXU), Denison Mines Corp. (DNN)

Alexco Resource Corp. (NYSE:AXU) recent rally took place on significantly more volume which surged nearly 0.52 million contracts on 27-Nov-17 versus its daily average of 0.31 million. The first sale was made at $1.41 but later the stock became weaker, and closed with a gain of 5.88%. It was last traded at $1.44 apiece.

Alexco Resource Corp. (AXU): Outperform Candidate With 92.36% Upside Potential

Alexco Resource Corp. is maintained at an average outperform rating by 3 stock analysts, and there are at least 1.59% of shares outstanding that are currently legally short sold. The shares went up by 24.14% in value last month. Year-to-date it jumped 6.67%. Analysts are turning out to be more optimistic than before, with 3 of analysts who cover Alexco Resource Corp. (NYSE:AXU) advice adding it to buy candidate list. Wall Street experts also assign a $2.77 price target on Alexco Resource Corp., pointing towards a 92.36% rally from current levels. The stock is trading for about -29.41% less than its 52-week high.

Alexco Resource Corp. Reports 56.72% Sales Growth

Alexco Resource Corp. (AXU) remained successful in beating the consensus-estimated -$0.02 as it actually earned -$0.01 per share in its last reported financial results. Revenue, on the other hand, scored 56.72% growth from the previous quarter, coming up with $31.83 million.

AXU Adds 16.6% In A Week

This company shares (AXU) so far managed to recover 30.91% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 9.18% while shortening the period to a week, volatility was 6.59%. The share price has already crossed its 20 days moving average, floating at a distance of 15.97% and sits 5.47% higher versus its 50 days moving average. When looking at the past five sessions, the stock returned 16.6% gains and is down by -0.06% compared with its 200-day moving average of $1.38. Also, Alexco Resource Corp. (AXU) needs to expand a 9.92% increase it experienced over the past twelve months.

Denison Mines Corp. (NYSE:DNN) Consensus Call At 2.3

As regular trading ended, Denison Mines Corp. (DNN) stock brought in a -$0.04 drop to $0.52. The day started at a price of $0.55 but then traded as high as $0.55 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.3. Denison Mines Corp. is given 1 buy-equivalent recommendations, 0 sells and 2 holds. The company shares sank -38.43% from their peak of $0.84 and now has a $290.45 million market value of equity.

Denison Mines Corp. Could Grow 98.08% More

DNN’s mean recommendation on Reuter’s scale presents no change from 2.5 thirty days ago to 2.5 now, which indicates a hold consensus from the analyst community. They see Denison Mines Corp. (DNN) price hitting a mean target of $1.03 a share, meaning the stock still has potential that could lift the price another 98.08% Also, the recent close suggests the stock is underpriced by 246.15% compared to the most bullish target.

Denison Mines Corp. (DNN) Returns 0.49% This Year

The company had seen its current volume reaching at 1.15 million shares in the last trade. That compares with the recent volume average of 0.51 million. At the close of regular trading, its last week’s stock price volatility was 7.03% which for the month reaches 7.69%. Denison Mines Corp. dipped to as low as $0.5 throughout the day and has returned 0.49% in this year. At one point in the past year, the shares traded as low as $0.38 but has recovered 36.11% since then.

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