Avalon Rare Metals Inc. (AVL) was a big mover last session, as the company saw its shares rise over 6% 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 $0.46 to $0.058 since Dec 12.
The company has seen no estimate revision over the past 30 days and the Zacks Consensus Estimate has not been in a trend either. Yesterday’s price jump is encouraging though, so make sure to keep a close watch on this firm in the near future.
Avalon Rare Metals currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
However, better-ranked stocks in the industrial metals and minerals industry include Tahoe Resources Inc. (TAHO), Anglo American Platinum Ltd. (AGPPY) and Denison Mines Corp. (DNN). While Tahoe Resources sports a Zacks Rank #1 (Strong Buy), Anglo American Platinum and Denison Mines carry a Zacks Rank #2 (Buy).
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