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UR-Energy (URG) Jumps: Stock Gains 5.9% in Session

Zacks Equity Research

UR-Energy Inc. (URG) was a big mover last session, as its shares rose nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the uptrend for the company since Jun 26, as the stock is now up over 20%.

In the last 30 days, the company witnessed one negative estimate revision and the Zacks Consensus Estimate also moved lower, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.

UR-Energy currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Other better-ranked mining stocks include BHP Billiton plc (BBL), Dominion Diamond Corporation (DDC) and Stillwater Mining Co. (SWC). All three carry a Zacks Rank #2 (Buy).

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