Alpha Natural Resources Inc (ANR): Today's Featured Metals & Mining Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day up 0.7%. By the end of trading, Alpha Natural Resources fell $0.14 (-2.5%) to $5.37 on average volume. Throughout the day, 12,116,561 shares of Alpha Natural Resources exchanged hands as compared to its average daily volume of 12,105,700 shares. The stock ranged in price between $5.28-$5.68 after having opened the day at $5.49 as compared to the previous trading day's close of $5.51. Other companies within the Metals & Mining industry that declined today were:
(
), down 19.6%,
(
), down 10.1%,
(
), down 9.4% and
(
), down 8.5%.
Alpha Natural Resources, Inc., together with its subsidiaries, engages in extracting, processing, and marketing steam and metallurgical coal in Virginia, West Virginia, Kentucky, Pennsylvania, and Wyoming. Alpha Natural Resources has a market cap of $1.3 billion and is part of the basic materials sector. Shares are down 39.6% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Alpha Natural Resources a buy, 3 analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Alpha Natural Resources
as a
. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself.
- You can view the full Alpha Natural Resources Ratings Report.
On the positive front,
(
), up 13.2%,
(
), up 12.9%,
International Tower Hill Mines
(
), up 11.9% and
(
), up 11.6% , were all gainers within the metals & mining industry with
(
) being today's featured metals & mining industry leader.
- 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
(
) while those bearish on the metals & mining industry could consider
PowerShares DB Base Metals Sht ETN
(
).
- Find other investment ideas from our top rated ETFs lists.
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