Mechel Soars: Stock Adds 13.2% In Session - Tale Of The Tape - Compass Minerals Intl (NYSE:CMP), Agnico Eagle Mines (NYSE:AEM)

Mechel OAO MTL was a big mover last session, as the company saw its shares rise over 13% 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 volatile price range of $1.90 to $2.15 in the past one-month time frame.

Though the company has seen no negative revisions in the past 30 days, its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's jump lasts.

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

However, better-ranked stocks in the basic materials sector include Agnico Eagle Mines Limited AEM, Compass Minerals International Inc. CMP and Universal Stainless & Alloy Products Inc. USAP. All of these sport a Zacks Rank #1 (Strong Buy).

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MECHEL OAO ADS MTL: Free Stock Analysis Report

AGNICO EAGLE AEM: Free Stock Analysis Report

COMPASS MINERLS CMP: Free Stock Analysis Report

UNVL STAINLESS USAP: Free Stock Analysis Report

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Mechel Soars: Stock Adds 13.2% In Session - Tale Of The Tape

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