UR-Energy Inc. (URG) was a big mover last session with its shares surging nearly 17% 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 way above the past one month’s volatile price range of $1.27 to $1.49.
This mining company has witnessed no estimate revision in the last 7 days. The Zacks Consensus Estimate hasn’t been in trend either. Yesterday’s sharp climb is encouraging though, so make sure to keep a close watch on this firm in the near future.
UR-Energy currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Better-ranked mining stocks include Rio Tinto plc (RIO), Platinum Group Metals Ltd. (PLG) and Denison Mines Corp. (DNN). All these stocks carry a Zacks Rank #2 (Buy).
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