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NovaCopper Inc. (NCQ) Jumps: Stock Moves 13.01% Higher
June 25, 2014

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NovaCopper Inc. was a big mover last session, as the company saw its shares rise slightly over 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the volatile price range of $0.89 to $1.05 in the past one-month time frame.

The company has seen no estimate revisions over the past 30 days, and the Zacks Consensus Estimate is unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Some better-ranked shipping stocks include Agnico Eagle Mines Limited (AEM - Free Report) , Compass Minerals International Inc. (CMP - Free Report) and Alderon Iron Ore Corp. . While Agnico Eagle Mines Limited and Compass Minerals International Inc. sport a Zacks Rank #1 (Strong Buy), Alderon Iron Ore Corp. carries a Zacks Rank #2 (Buy).

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