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.

All three major indices traded up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 305 points (1.8%) at 17,666 as of Tuesday, Feb. 3, 2015, 4:20 PM ET. The NYSE advances/declines ratio sits at 2,499 issues advancing vs. 614 declining with 98 unchanged.

The Basic Materials sector as a whole closed the day up 4.0% versus the S&P 500, which was up 1.4%. Top gainers within the Basic Materials sector included

Quest Rare Minerals

(

QRM

), up 24.1%,

Entree Gold

(

EGI

), up 4.3%,

Tengasco

(

TGC

), up 11.9%,

CKX Lands

(

CKX

), up 2.2% and

Mines Management

(

MGN

), up 2.0%.

TheStreet Ratings Group would like to highlight 3 stocks pushing the sector higher today:

Mines Management

(

MGN

) is one of the companies that pushed the Basic Materials sector higher today. Mines Management was up $0.01 (2.0%) to $0.51 on light volume. Throughout the day, 15,780 shares of Mines Management exchanged hands as compared to its average daily volume of 38,300 shares. The stock ranged in a price between $0.50-$0.52 after having opened the day at $0.52 as compared to the previous trading day's close of $0.50.

Mines Management, Inc., together with its subsidiaries, acquires, explores, and develops various mineral properties in North and South America. The company explores for silver, and associated base and precious metals. Mines Management has a market cap of $15.2 million and is part of the energy industry. Shares are up 6.4% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate Mines Management a buy, no analysts rate it a sell, and none rate it a hold.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreet Ratings rates Mines Management as a

sell

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

Highlights from TheStreet Ratings analysis on MGN go as follows:

  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Metals & Mining industry and the overall market, MINES MANAGEMENT INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • Net operating cash flow has declined marginally to -$1.52 million or 3.12% when compared to the same quarter last year. Despite a decrease in cash flow MINES MANAGEMENT INC is still fairing well by exceeding its industry average cash flow growth rate of -36.70%.
  • MGN has underperformed the S&P 500 Index, declining 21.54% from its price level of one year ago. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time.
  • The revenue fell significantly faster than the industry average of 6.5%. Since the same quarter one year prior, revenues fell by 44.4%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
  • MINES MANAGEMENT INC has improved earnings per share by 16.7% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. During the past fiscal year, MINES MANAGEMENT INC continued to lose money by earning -$0.25 versus -$0.28 in the prior year.

You can view the full analysis from the report here:

Mines Management Ratings Report

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At the close,

Entree Gold

(

EGI

) was up $0.01 (4.3%) to $0.18 on light volume. Throughout the day, 57,099 shares of Entree Gold exchanged hands as compared to its average daily volume of 82,800 shares. The stock ranged in a price between $0.16-$0.18 after having opened the day at $0.18 as compared to the previous trading day's close of $0.17.

Entree Gold has a market cap of $25.2 million and is part of the energy industry. Shares are up 0.1% year-to-date as of the close of trading on Monday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Quest Rare Minerals

(

QRM

) was another company that pushed the Basic Materials sector higher today. Quest Rare Minerals was up $0.02 (24.1%) to $0.09 on heavy volume. Throughout the day, 417,345 shares of Quest Rare Minerals exchanged hands as compared to its average daily volume of 133,500 shares. The stock ranged in a price between $0.07-$0.09 after having opened the day at $0.07 as compared to the previous trading day's close of $0.07.

Quest Rare Minerals has a market cap of $6.3 million and is part of the energy industry. Shares are down 36.3% year-to-date as of the close of trading on Monday.

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.