Thompson Creek Metals Company Inc. TC was a big mover last session with shares rising over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the past one month's volatile price range of $2.11 to $2.45.
This mining company has seen two positive estimate revisions in the last 30 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday's rally can turn into more strength down the road.
Thompson Creek Metals currently holds a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Investors interested in the mining industry may consider better-ranked stocks like General Moly, Inc. GMO, Golden Minerals Company AUMN and Platinum Group Metals Ltd. PLG. While GMO sports a Zacks Rank #1 (Strong Buy), AUMN and PLG bear 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 >>
This mining company has seen two positive estimate revisions in the last 30 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday's rally can turn into more strength down the road.
Thompson Creek Metals currently holds a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Investors interested in the mining industry may consider better-ranked stocks like General Moly, Inc. GMO, Golden Minerals Company AUMN and Platinum Group Metals Ltd. PLG. While GMO sports a Zacks Rank #1 (Strong Buy), AUMN and PLG bear 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 >>
GOLDEN MINERALS AUMN: Free Stock Analysis Report
GENERAL MOLY IN GMO: Free Stock Analysis Report
PLATINUM GROUP PLG: Free Stock Analysis Report
THOMPSON CREEK TC: Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
