Uranium Resources, Inc. (URRE) was a big mover last session, as the company saw its shares soar by nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $2.36 to $2.84 in the past one-month time frame.
This industrial metals and minerals company has seen one negative revision in the last one month and its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can last.
Uranium Resources currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked mining stocks include Platinum Group Metals Ltd. (PLG), BHP Billiton plc (BBL) and Rio Tinto plc (RIO). While Platinum Group and BHP Billiton hold a Zacks Rank #2 (Buy), Rio Tinto carries a Zacks Rank #1 (Strong Buy).
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