General Moly, Inc. (GMO) was a big mover last session with shares rising nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company, as the stock is now down over 24% in the past one-month time frame.
This industrial mining and exploration company has seen no estimate revision in the last 30 days. The Zacks Consensus Estimate has also remained unchanged. Yesterday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.
General Moly currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Other mining stocks worth considering include Rio Tinto plc (RIO), BHP Billiton plc (BBL) and Solitario Exploration & Royalty Corp. (XPL). While Rio Tinto sports a Zacks Rank #1 (Strong Buy), BHP Billiton and Solitario Exploration carry the same Zacks Rank as General Moly.
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