Randgold Resources (GOLD) Catches Eye: Stock Jumps 5.7%

Zacks

Randgold Resources Limited GOLD was a big mover last session, as the company saw its shares rise almost 6% on the day. The news also led to far more shares changing hands than in a normal session, resulting in solid volume. This continues the recent uptrend for the company as the stock is now over 26% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days and the Zacks Consensus Estimate also remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

A better-ranked stock in the Gold Mining industry is B2Gold Corp. BTG sporting a Zacks Rank #1 (Strong Buy).

Is GOLD going up? Or down? Predict to see what others think: Up or Down

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