Platinum Group Metals Ltd. (PLG) 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. breaks the recent trend of the company, as the stock is now trading above the volatile price range of $1.03 to $1.15 in the past one-month time frame.
The company has seen no estimate revision over the past 30 days and the Zacks Consensus Estimate has not been in a trend either. Yesterday’s jump is encouraging though, so make sure to keep a close watch on this firm in the near future.
Platinum Group currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
However, better-ranked stocks in the industrial metals and minerals industry include BHP Billiton plc (BBL), BHP Billiton Limited (BHP) and Stillwater Mining Co. (SWC). All of these have 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 >>
PLATINUM GROUP METALS LTD (PLG): Free Stock Analysis Report
BHP BILLITON PLC (BBL): Free Stock Analysis Report
BHP BILLITON LTD (BHP): Free Stock Analysis Report
STILLWATER MINING CO (SWC): Free Stock Analysis Report
Zacks Investment Research