North American Palladium Ltd. (PAL) was a big mover last session, as the company saw its shares rise more than 14% 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 57.14% since Dec 17.
The company witnessed 2 positive revisions over the past 60 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for North American Palladium. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
North American Palladium has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Some better-ranked stocks in the mining industry include Augusta Resource Corp. (AZC), Denison Mines Corp. (DNN) and General Moly, Inc. (GMO). All these stocks carry a Zacks Rank #2 (Buy).
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NORTH AMER PALLADIUM LTD (PAL): Free Stock Analysis Report
AUGUSTA RESOURCE CORP (AZC): Free Stock Analysis Report
DENISON MINES CORP (DNN): Free Stock Analysis Report
GENERAL MOLY INC COM (GMO): Free Stock Analysis Report
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