Back to top

Allied Nevada Gold (ANV) in Focus: Stock Moves 7.4% Higher
March 14, 2014

Read MoreHide Full Article
Allied Nevada Gold Corp. was a big mover last session, as the company saw its shares rise by over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session.  This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $4.95 to $5.80 in the past one-month time frame.

This gold mining company has seen one positive estimate revision and three negative estimate revisions over the last 30 days and its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

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

Some better-ranked stocks in the same industry include AngloGold Ashanti Ltd. (AU - Free Report) , NovaGold Resources Inc. (NG - Free Report) and Sibanye Gold Ltd. (SBGL - Free Report) . While AngloGold Ashanti and NovaGold Resources hold a Zacks Rank #1 (Strong Buy), Sibanye Gold carries a Zacks Rank #2 (Buy).

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 report >>

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

AngloGold Ashanti Limited (AU) - free report >>

Novagold Resources Inc. (NG) - free report >>

Sibanye Gold Limited (SBGL) - free report >>

More from Zacks Tale of the Tape

You May Like