Alexco Resource (AXU) Reports Q2 EPS of $0.00
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Alexco Reports Second Quarter 2016 Results
August 10, 2016 5:00 PM EDTVANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 08/10/16 -- Alexco Resource Corp. (NYSE MKT: AXU)(TSX: AXR) today reports financial results for the second quarter ended June 30, 2016. All figures are expressed in Canadian dollars unless otherwise stated. For the second quarter of 2016 Alexco recorded net income of $152,000 or $0.00 per share, including $0.9 million in depreciation and share-based compensation costs offset by an unrealized gain of $1.5 million on warrants held as an investment. Alexco Environmental Group ("AEG"), a wholly owned subsidiary of Alexco, recognized revenues of $2.8 million during the second quarter of 2016... More
