AMCOL International (ACO) Worth Watching: Stock Rises 12.3% – Tale of the Tape

Zacks

AMCOL International Corporation (ACO) was a big mover last session with its shares rising over 12% 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 of the company as the stock has gained nearly 22% since Feb 3.

This mining company has seen a mixed track record when it comes to estimate revisions of one increase and one decrease over the last 30 days. Meanwhile, the Zacks Consensus Estimate has moved higher over the same period. This implies more solid trading ahead for the company. So make sure to keep an eye on this stock going forward to see if yesterday’s rally can turn into more strength down the road.

AMCOL International currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Better-ranked mining stocks include Stillwater Mining Co. (SWC), Rio Tinto plc (RIO) and Denison Mines Corp. (DNN). While SWC sports a Zacks Rank #1 (Strong Buy), RIO and DNN carry a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

To read this article on Zacks.com click here.

Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.

Be the first to comment

Leave a Reply