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Augusta Resource Corp. (AZC) Surges: Stock Moves 29.4% Higher

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Augusta Resource Corp. was a big mover last session, as the company saw its shares rise by over 29% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up almost 142% in the past one-month time frame.

This mining company has seen one positive estimate revision over the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Augusta Resource. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.

Augusta Resource currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same industry include Stillwater Mining Co. , Denison Mines Corp. and Rio Tinto plc (RIO - Free Report) . While Stillwater Mining holds a Zacks Rank #1 (Strong Buy), Denison Mines and Rio Tinto carry a Zacks Rank #2 (Buy).

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