U.S. Markets close in 3 hrs 54 mins

Banro Corporation (BAA) Jumps: Stock Up 13.2%

Zacks Equity Research

Banro Corporation (BAA) was a big mover last session, as its shares surged over 13% on the day. The surge came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down nearly 24% in the past one-month time frame.


In the last 30 days, the company has not seen any estimate revision and the Zacks Consensus Estimate hasn’t been in a trend either. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.


Banro Corp. currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.


Some better-ranked stocks in the mining industry include AngloGold Ashanti Ltd. (AU), Lake Shore Gold Corp. (LSG) and Golden Star Resources, Ltd. (GSS). While AngloGold Ashanti and Lake Shore Gold carry a Zacks Rank #2 (Buy), Golden Star Resources carries a Zacks Rank #1 (Strong 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 >>

BANRO CP (BAA): Free Stock Analysis Report

GOLDEN STAR RESOURCES LTD (GSS): Free Stock Analysis Report

ANGLOGOLD ASHANTI LTD (AU): Free Stock Analysis Report

LAKE SHORE GOLD CORP (LSG): Free Stock Analysis Report

Zacks Investment Research