Alexco Resource (AXU) Tops Q2 EPS by 1c

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Alexco Reports Second Quarter 2015 Financial Results

August 11, 2015 5:31 PM EDT

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 08/11/15 -- Alexco Resource Corp. (NYSE MKT: AXU)(TSX: AXR) today reports its financial results for the second quarter of 2015. All figures are expressed in Canadian dollars unless otherwise stated. For the second quarter of the year Alexco reported a net loss of $1.9 million, or $0.03 per share, on revenue of $2.6 million, while increasing its unrestricted cash balance from the end of the first quarter to $7.5 million.

Second Quarter Highlights

-- Net loss of $1.9 million, or $0.03 per share. Loss before deferred taxes was $1.9 million, including... More