3 Stocks Raising The Metals & Mining Industry Higher

TheStreet highlights 3 stocks pushing the metals & mining industry higher today.
By TheStreet Wire ,

All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 122 points (-0.7%) at 17,326 as of Friday, Nov. 13, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,130 issues advancing vs. 1,809 declining with 163 unchanged.

The Metals & Mining industry currently sits up 0.1% versus the S&P 500, which is down 0.8%. Top gainers within the industry include

Tahoe Resources

(

TAHO

), up 8.6%, and

Yamana Gold

(

AUY

), up 4.0%. On the negative front, top decliners within the industry include

Companhia Siderurgica Nacional

(

SID

), down 5.2%, and

Gerdau

(

GGB

), down 2.8%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3.

Vale

(

VALE

) is one of the companies pushing the Metals & Mining industry higher today. As of noon trading, Vale is up $0.04 (0.9%) to $3.96 on light volume. Thus far, 5.1 million shares of Vale exchanged hands as compared to its average daily volume of 26.5 million shares. The stock has ranged in price between $3.90-$4.02 after having opened the day at $4.01 as compared to the previous trading day's close of $3.93.

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Vale S.A., together with its subsidiaries, engages in the research, production, and sale of iron ore and pellets, nickel, fertilizer, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally. Vale has a market cap of $20.8 billion and is part of the basic materials sector. Shares are down 52.0% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate Vale a buy, 6 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates

Vale

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full

Vale Ratings Report

now.

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2. As of noon trading,

Goldcorp

(

GG

) is up $0.20 (1.6%) to $12.02 on light volume. Thus far, 3.0 million shares of Goldcorp exchanged hands as compared to its average daily volume of 10.5 million shares. The stock has ranged in price between $11.78-$12.11 after having opened the day at $11.85 as compared to the previous trading day's close of $11.83.

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Goldcorp Inc. engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America. The company primarily explores for gold, silver, copper, lead, and zinc deposits. Goldcorp has a market cap of $9.9 billion and is part of the basic materials sector. Shares are down 36.1% year-to-date as of the close of trading on Thursday. Currently there are 14 analysts who rate Goldcorp a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates

Goldcorp

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity and generally disappointing historical performance in the stock itself. Get the full

Goldcorp Ratings Report

now.

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1. As of noon trading,

Alcoa

(

AA

) is up $0.12 (1.5%) to $7.94 on light volume. Thus far, 7.7 million shares of Alcoa exchanged hands as compared to its average daily volume of 31.5 million shares. The stock has ranged in price between $7.82-$7.96 after having opened the day at $7.86 as compared to the previous trading day's close of $7.82.

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Alcoa Inc. produces and manages primary aluminum, fabricated aluminum, and alumina worldwide. The company operates through four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions. Alcoa has a market cap of $10.6 billion and is part of the basic materials sector. Shares are down 50.5% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts who rate Alcoa a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates

Alcoa

as a

hold

. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and notable return on equity. However, as a counter to these strengths, we also find weaknesses including poor profit margins and a generally disappointing performance in the stock itself. Get the full

Alcoa Ratings Report

now.

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If you are interested in one of these 3 stocks, 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

).

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