ALX URANIUM CORP COMMON SHARES (OTCMKTS:ALXEF) Could Burn Your Long Portfolio After More Shorts

June 17, 2018 - By Marie Mckinney

ALX Uranium Corp. (OTCMKTS:ALXEF) Logo

The stock of ALX URANIUM CORP COMMON SHARES (OTCMKTS:ALXEF) registered an increase of 94.74% in short interest. ALXEF’s total short interest was 33,300 shares in June as published by FINRA. Its up 94.74% from 17,100 shares, reported previously. With 23,600 shares average volume, it will take short sellers 1 days to cover their ALXEF’s short positions. The short interest to ALX URANIUM CORP COMMON SHARES’s float is 0.06%.

The stock decreased 1.27% or $0.001 during the last trading session, reaching $0.062. About 5,000 shares traded. ALX Uranium Corp. (OTCMKTS:ALXEF) has 0.00% since June 17, 2017 and is . It has underperformed by 12.57% the S&P500.

ALX Uranium Corp. primarily acquires, explores for, and develops uranium properties in the Athabasca Basin in Saskatchewan of Canada. The company has market cap of $4.63 million. The firm primarily holds 20% interests in the Hook-Carter property covering an area of 19,573 hectares over 38 claims in the southwest part of the Athabasca Basin cocated at the northern end of the Paerson Lake, and Derkson and Carter structural trends; and 100% interests in the Newnham Lake property comprising an area of 11,737 hectares over 8 claims in northern margin of the Athabasca Basin. It currently has negative earnings. The firm was formerly known as Lakeland Resources Inc.

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