Alex.Ca
Alexco Resource Corp. is a Canadian-based mining company focused on the exploration and development of mineral resources, primarily silver and base metals, with operations in the Yukon Territory.
Business. Alexco Resource Corp. is a Canadian-based mining company focused on the exploration and development of mineral resources, primarily silver and base metals, with operations in the Yukon Territory.
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
- Congressional trades
- CongressLisa McClain — Alexander & Baldwin, Inc. Common2025-10-31 · Republican · MI · Sale · $1,001 - $15,000
- CongressLisa McClain — Alexander & Baldwin, Inc. Common2025-10-30 · Republican · MI · Sale · $1,001 - $15,000
- CongressLisa McClain — Alexander & Baldwin, Inc. Common2025-10-30 · Republican · MI · Purchase · $1,001 - $15,000
- CongressLisa McClain — Alexander & Baldwin, Inc. Common2025-07-16 · Republican · MI · Purchase · $1,001 - $15,000
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Synthesis
Alexco Resource Corp. is a Canadian-based mining company focused on the exploration and development of mineral resources, primarily silver and base metals, with operations in the Yukon Territory.
Alexco's capital structure is highly leveraged, with total liabilities of CAD 4.43 billion and total equity of CAD -277.38 million, resulting in a negative debt-to-equity ratio of -13.02. The company's liquidity position is weak, as indicated by a current ratio of 0.54, and its free cash flow is negative at CAD -110.90 million, despite an operating cash flow of CAD 68.63 million. This suggests that capital expenditures are outpacing operating cash inflows, with CAPEX at CAD -125.00 million.
Profitability is severely challenged, with a net loss of CAD 235.93 million and an operating loss of CAD 340.70 million in the latest period. The company's return on assets is negative at -5.68%, and its return on equity is an unusually high 85.06%, which is a result of the negative equity base. These metrics are well below the industry median for profitability and capital efficiency, indicating significant underperformance relative to peers.
Alexco's revenue is concentrated in a single geographic region, the Yukon Territory, where it operates the Keno Hill Silver District. There are no disclosed segments beyond this primary operation, and the company does not report revenue by product or geographic region beyond this. This concentration increases exposure to regional economic and regulatory risks.
The company's growth trajectory is uncertain, with no outlook data provided for the current or next fiscal year. Historical revenue data shows a decline in performance, with a gross loss of CAD 90.99 million and a net loss of CAD 235.93 million. Without a clear path to profitability or capital restructuring, the company's ability to sustain operations is in question.
Risk factors include a high liquidity risk due to negative net cash and a weak capital structure. The company's dilution potential is currently low, as shares outstanding are the same for both basic and diluted shares, but this could change if the company issues new shares to raise capital. The risk assessment flags a negative net cash position after subtracting total debt, which is a red flag for solvency.
Recent events include the latest financial filing, which shows a continuation of losses and a deteriorating balance sheet. No recent transcripts or filings beyond the financial snapshot are available to assess management commentary or strategic direction.
- Alexco is operating at a significant net loss with a negative equity position, indicating severe financial distress.
- The company's liquidity is weak, with a current ratio of 0.54 and negative free cash flow.
- Profitability metrics are far below industry norms, with a negative return on assets and a misleadingly high return on equity due to negative equity.
- Revenue is concentrated in a single geographic region, increasing exposure to local economic and regulatory risks.
- The company's capital structure is highly leveraged, with a debt-to-equity ratio of -13.02.
- No clear growth trajectory is evident, and the company's ability to sustain operations is questionable without a capital restructuring or turnaround.
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- Net cash is negative after subtracting total debt.
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- ALEX.CA Market data — financials · 2026-05-27
Ownership & reference
Top holders
- Investment Managers · as of 2024-06-300,01 %$224M
- Investment Managers · as of 2025-12-310,00 %$227M
- Investment Managers · as of 2024-12-310,00 %$8M