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.BANRO CORP (BAA): Free Stock Analysis ReportFRANCO NV CP (FNV): Free Stock Analysis ReportGLATFELTER (GLT): Free Stock Analysis ReportLAKE SHORE GOLD (LSG): Free Stock Analysis ReportTo read this article on Zacks.com click here.
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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