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Pershing Gold (PGLC) in Focus: Stock Gains 6.4% in Session
Pershing Gold Corporation was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This stock, trading in a volatile price range of $3.65 to $4.46 in the past one-month time frame, showed a pick-up on Friday at $4.31
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This Mining-Gold industry stock witnessed one positive estimate revision over the past 30 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for Pershing Gold. So make sure to keep an eye on this stock going forward to see if the recent jump can turn into more strength down the road.
Pershing Gold has a Zacks Rank #2 (Buy), while its Earnings ESP is negative.
Investors interested in the same space may also consider B2Gold Corp. (BTG - Free Report) , sporting a Zacks Rank #1 (Strong Buy).
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