When you own a stock and the price today is higher than it was yesterday, that’s good.
When you own a stock and the price today is higher than it was yesterday, typically that’s good.
Higher prices is what you want when you buy and hold. When the price is higher next week, that’s good too. Next month, even better. When it’s higher than it was at anytime over the last year, that’s terrific.
These silver stocks just hit new 52-week highs. You seldom see them mentioned in the financial media because the networks are often too busy focusing on “visionary innovators” and what not, like Tesla
TSLA, Amazon
AMZN and the rest of the big name tech crowd.
So, generally unnoticed is probably a good thing for silver companies — eventually, if they keep hitting new yearly highs, they’ll get noticed. Lack of interest now means investors may have time to research and analyze before possible crowds may arrive.
Alexo Resource is headquartered in Vancouver, British Columbia and trades on the Amex.
Last week’s closing high is higher than last year’s late summer spike up which failed to maintain by that week’s end. So, this is a higher closing high price for Alexco Resources.
