Royal Gold (RGLD) Jumps: Stock Moves 8.7% Higher - Tale of the Tape - Alamos Gold (NYSE:AGI)

Royal Gold, Inc. (RGLD) was a big mover last session with its shares rising nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent downtrend for the company as the stock has lost nearly 5% in the past one-month time frame.

This mining company has seen one negative estimate revision in the last 30 days. The Zacks Consensus Estimate has also moved lower over the same period. This implies trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's rally can last.

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

Investors interested in the gold mining industry may consider stocks like Rio Alto Mining Limited (RIOM), Alamos Gold Inc. (AGI) and Allied Nevada Gold Corp. (ANV). While Rio Alto Mining sports a Zacks Rank #1 (Strong Buy), Alamos Gold and Allied Nevada Gold hold 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 >>

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

ROYAL GOLD INC (RGLD): Free Stock Analysis Report

RIO ALTO MINING (RIOM): Free Stock Analysis Report

ALAMOS GOLD INC (AGI): Free Stock Analysis Report

ALLIED NEV GOLD (ANV): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

Market News and Data brought to you by Benzinga APIs