The Basic Materials sector as a whole closed the day down 0.3% versus the S&P 500, which was up 0.2%. Laggards within the Basic Materials sector included

Alderon Iron Ore

(

AXX

), down 6.2%,

Timberline Resources

(

TLR

), down 2.4%,

Tengasco

(

TGC

), down 12.4%,

Mines Management

(

MGN

), down 2.5% and

Barnwell Industries

(

BRN

), down 5.1%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the sector lower today:

Mines Management

(

MGN

) is one of the companies that pushed the Basic Materials sector lower today. Mines Management was down $0.01 (2.5%) to $0.39 on light volume. Throughout the day, 19,484 shares of Mines Management exchanged hands as compared to its average daily volume of 27,000 shares. The stock ranged in price between $0.38-$0.40 after having opened the day at $0.40 as compared to the previous trading day's close of $0.40.

Mines Management has a market cap of $11.6 million and is part of the energy industry. Shares are down 14.9% year-to-date as of the close of trading on Thursday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

At the close,

Timberline Resources

(

TLR

) was down $0.01 (2.4%) to $0.41 on average volume. Throughout the day, 12,210 shares of Timberline Resources exchanged hands as compared to its average daily volume of 13,700 shares. The stock ranged in price between $0.41-$0.44 after having opened the day at $0.43 as compared to the previous trading day's close of $0.42.

Timberline Resources has a market cap of $5.4 million and is part of the energy industry. Shares are down 28.5% year-to-date as of the close of trading on Thursday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Alderon Iron Ore

(

AXX

) was another company that pushed the Basic Materials sector lower today. Alderon Iron Ore was down $0.01 (6.2%) to $0.15 on light volume. Throughout the day, 2,196 shares of Alderon Iron Ore exchanged hands as compared to its average daily volume of 8,600 shares. The stock ranged in price between $0.15-$0.16 after having opened the day at $0.16 as compared to the previous trading day's close of $0.16.

Alderon Iron Ore has a market cap of $21.1 million and is part of the energy industry. Shares are down 52.7% year-to-date as of the close of trading on Thursday. Currently there are no analysts who rate Alderon Iron Ore a buy, 1 analyst rates it a sell, and none rate it a hold.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.