Alexco Resource (AXU) Reports Q4 Loss of $0.02/Share

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Go back to Alexco Resource (AXU) Reports Q4 Loss of $0.02/Share

Alexco Reports Fourth Quarter and Year End 2015 Results

March 23, 2016 6:57 PM EDT

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 03/23/16 -- Alexco Resource Corp. (TSX: AXR)(NYSE MKT: AXU) today reports financial results for the fourth quarter and year ended December 31, 2015. All figures are expressed in Canadian dollars unless otherwise stated. For the fourth quarter of 2015 Alexco recorded a net loss of $1.5 million or $0.02 per share, including $0.7 million in depreciation and other non-cash costs. Alexco Environmental Group ("AEG"), a wholly owned subsidiary of Alexco, recognized revenues of $4.1 million in the fourth quarter and $14.7 million for the year ended December 31, 2015, with an annual... More