Banro Corporation (BAA) was a big mover last session, as its shares rose over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the uptrend for the company since Jun 9, as the stock is now up 25%.
In the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm going forward.
Banro Corp. currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Other better-ranked stocks in the gold mining industry include DRDGOLD Ltd. (DRD), Alamos Gold Inc. (AGI) and Gold Resource Corp (GORO). All three carry a Zacks Rank #2 (Buy).
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