McEwen Mining Inc. (MUX) was a big mover last session, as the company saw its shares rise nearly 7% 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 $2.43 to $3.03 in the past one-month time frame.
None of the estimates for this mining-miscellaneous stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
McEwen Mining has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
However, some better-ranked stocks in the same sector include Hi-Crush Partners LP (HCLP), Cameco Corporation (CCJ) and Dominion Diamond Corporation (DDC). While Hi-Crush Partners sports a Zacks Rank #1 (Strong Buy), Cameco and Dominion Diamond hold a Zacks Rank #2 (Buy).
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