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Uranerz Energy Slumps: URZ Falls 11% in Session - Tale of the Tape

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 is 0.00%.

Investors interested in the mining industry may consider better-ranked stocks like General Moly, Inc. ( GMO ), Materion Corporation ( MTRN ) and Stillwater Mining Co. ( SWC ). All these stocks hold a Zacks Rank #2 (Buy).

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GENERAL MOLY IN (GMO): Free Stock Analysis Report

MATERION CORP (MTRN): Free Stock Analysis Report

STILLWATER MNG (SWC): Free Stock Analysis Report

URANERZ ENERGY (URZ): 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.


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

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