Banro (BAA) Falls: Stock Goes Down 6.2% - Tale of the Tape


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Banro Corporation ( BAA ) saw a big move last session, as the company's shares fell by over 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for BAA, as the stock is now up nearly 20% since Jan 31.

This gold mining company has seen a flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

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

Some better-ranked stocks in the same sector include Franco-Nevada Corporation ( FNV ) and Lake Shore Gold Corp. ( LSG ). Both these stocks hold a Zacks Rank #2 (Buy). Meanwhile, from the broader basic material sector, one can consider the Zacks Ranked #1 (Strong Buy) stock of PH Glatfelter Co. ( GLT ).

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BANRO CORP (BAA): Free Stock Analysis Report

FRANCO NV CP (FNV): Free Stock Analysis Report

GLATFELTER (GLT): Free Stock Analysis Report

LAKE SHORE GOLD (LSG): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
More Headlines for: BAA , FNV , GLT , LSG

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