US Energy Corp. (USEG) was a big mover last session, as the company saw its shares rise almost 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 24.25% over the past one month time frame.
This mining miscellaneous stock witnessed one positive estimate revision over the past 30 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for US Energy Corm. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
US Energy Corp has a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.
Investors interested in the industry may also consider stocks like General Moly, Inc. (GMO), Augusta Resource Corp. (AZC) and Avalon Rare Metals Inc. (AVL). While General Moly sports a Zacks Rank #1 (Strong Buy), Augusta Resource Corp and Avalon Rare Metals hold a Zacks Rank #2 (Buy).
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