On Friday, Compania de Minas ADR received a positive adjustment to its Relative Strength (RS) Rating, from 78 to 82.
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This exclusive rating from Investor's Business Daily tracks price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the best-performing stocks tend to have an RS Rating of at least 80 as they begin their biggest runs.
While the stock is not near a proper buy zone right now, see if it is able to form and break out of a proper chart pattern.
Compania de Minas ADR posted 0% EPS growth in its most recent report. Revenue increased 18%. Keep an eye out for the company's next round of numbers on or around Apr. 30.
The company holds the No. 29 rank among its peers in the Mining-Gold/Silver/Gems industry group. Alamos Gold, AngloGold Ashanti and Caledonia Mining are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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