Uranerz Energy Corp. ( URZ ) saw a big move last session, as the company's shares fell by nearly 11% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for URZ, as the stock is now down a little over 25% since Apr 21, 2014.
This slump shouldn't be too much of a surprise to investors, as the mining has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
URZ currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP
Investors interested in the mining industry may consider better-ranked stocks like General Moly, Inc.
), Materion Corporation
) and Stillwater Mining Co.
). All these stocks hold a Zacks Rank #2 (Buy).
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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 reportGENERAL MOLY IN (GMO): Free Stock Analysis ReportMATERION CORP (MTRN): Free Stock Analysis ReportSTILLWATER MNG (SWC): Free Stock Analysis ReportURANERZ ENERGY (URZ): Free Stock Analysis ReportTo read this article on Zacks.com click here.