ArcelorMittal SA (MT): Today's Featured Metals & Mining Winner

ArcelorMittal (MT) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day up 0.5%. By the end of trading, ArcelorMittal rose 84 cents (6%) to $14.76 on average volume. Throughout the day, 6.9 million shares of ArcelorMittal exchanged hands as compared to its average daily volume of seven million shares. The stock ranged in a price between $14.30-$14.77 after having opened the day at $14.34 as compared to the previous trading day's close of $13.92. Other companies within the Metals & Mining industry that increased today were: China Gerui Advanced Materials Group (CHOP), up 33.2%, Atlatsa Resources (ATL), up 29.6%, Uranium Energy Corporation (UEC), up 21.8%, and China Precision Steel (CPSL), up 11.1%.

ArcelorMittal, together with its subsidiaries, operates as an integrated steel and mining company worldwide. ArcelorMittal has a market cap of $21.42 billion and is part of the basic materials sector. The company has a P/E ratio of 15.2, below the average metals & mining industry P/E ratio of 26.9 and below the S&P 500 P/E ratio of 17.7. Shares are down 23.6% year to date as of the close of trading on Thursday. Currently there are five analysts that rate ArcelorMittal a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates ArcelorMittal as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity.

• You can view the full ArcelorMittal Ratings Report.

On the negative front, China Natural Resources (CHNR), down 28.8%, Great Basin Gold (GBG), down 13.6%, Golden Star Resources (GSS), down 12.8%, and International Tower Hill Mines (THM), down 12.5%, were all losers within the metals & mining industry with Ivanhoe Mines (IVN) being today's metals & mining industry loser.

• Use our metals & mining section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider SPDR S&P Metals & Mining ETF (XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN (BOS).

• Find other investment ideas from our top rated ETFs lists.

For more information on ArcelorMittal SA click any of the following:

• ArcelorMittal SA Stock Price

• ArcelorMittal SA Analyst Ratings

• ArcelorMittal SA Key Stats & Profile

• ArcelorMittal SA Earnings

• ArcelorMittal SA Ratio Comparison

• ArcelorMittal SA Growth Rates

• ArcelorMittal SA Balance Sheet

• ArcelorMittal SA Cash Flow

• ArcelorMittal SA Income Statement