North American Palladium (PAL) Worth Watching: Stock Surges 20.2% - Tale of the Tape - BHP Group (NYSE:BHP)

North American Palladium Ltd. PAL was a big mover last session with its shares rising over 20% 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 $0.34 to $0.51 in the past one-month time frame.

This explorer of precious metals has witnessed two positive estimate revisions in the last 30 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies strong trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday's sharp climb can turn into more strength down the road.

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

Investors interested in the mining industry may consider stocks like General Moly, Inc. GMO, BHP Billiton Limited BHP and Avalon Rare Metals Inc. AVL. While GMO sports a Zacks Rank #1 (Strong Buy), BHP and AVL 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 >>

AVALON RARE MTL AVL: Get Free Report

BHP BILLITN LTD BHP: Free Stock Analysis Report

GENERAL MOLY IN GMO: Free Stock Analysis Report

NORTH AM PALLAD PAL: 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