NEWS
03/23/2016 19:17 EDT | Updated 03/24/2017 01:12 EDT

Alexco Resource posts loss of $1.1 million in 4th quarter

VANCOUVER, British Columbia (AP) _ Alexco Resource Corp. (AXU) on Wednesday reported a loss of $1.1 million in its fourth quarter.

On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 1 cent.

The mining company posted revenue of $3.1 million in the period.

For the year, the company reported that its loss narrowed to $4.3 million, or 6 cents per share. Revenue was reported as $11.5 million.

In the final minutes of trading on Wednesday, the company's shares hit $1.04. A year ago, they were trading at 33 cents.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AXU at http://www.zacks.com/ap/AXU

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Keywords: Alexco Resource, Earnings Report

The Associated Press