Randgold Resources (GOLD) in Focus: Stock Jumps 5.2% – Tale of the Tape

Zacks

Randgold Resources Limited (GOLD) was a big mover last session, as the company saw its shares rise over 5% 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 29.12% in the past one-month time frame.

The company has seen one positive revision in the past one month, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Randgold Resources currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the same industry is Golden Star Resources, Ltd. (GSS), carrying a Zacks Rank #2 (Buy).

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