Alexco Resource Corporation (AMEX:AXU) announced dramatically improved revenue, gross profit, earnings and production for its fiscal year ended June 30, 2011,Net income for year of $3.5 million ($0.06 basic and diluted earnings per share) and pre-tax income of $4.1 million on combined mining and environmental services revenue of $45.1 million. Cash flows from operating activities of $10.7 million. Bellekeno mine revenue of $38.3 million and gross profit of $15.8 million over its first six months of commercial production, on sales of 7,956 tonnes of lead-silver and zinc concentrate. Production of 911,848 ounces silver, 7,756,426 pounds lead and 3,104,303 pounds zinc
Alexco Resource Corp. engages in the exploration and development of mineral properties in Canada, primarily in Yukon Territory.
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(AXU, MJGCF.PK, PCC, EPM) Stock Updates by DrStockPick.com
September 20th, 2011 at 02:36 pm