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 down 1%. By the end of trading, ArcelorMittal rose 23 cents (1.5%) to $15.43 on light volume. Throughout the day, 4.7 million shares of ArcelorMittal exchanged hands as compared to its average daily volume of 8.6 million shares. The stock ranged in a price between $15.17-$15.70 after having opened the day at $15.19 as compared to the previous trading day's close of $15.20. Other companies within the Metals & Mining industry that increased today were:

Oilsands Quest Inc

(

BQI

), up 15.1%,

Anooraq Resources Corporation

(

ANO

), up 8.3%,

Ossen Innovation

(

OSN

), up 8%, and

Quest Rare Minerals

(

QRM

), up 7.6%.

ArcelorMittal, together with its subsidiaries, engages in the production and marketing of steel worldwide. ArcelorMittal has a market cap of $25.09 billion and is part of the

basic materials

sector. The company has a P/E ratio of 7.9, below the average metals & mining industry P/E ratio of 11.9 and below the S&P 500 P/E ratio of 17.7. Shares are down 60.1% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates ArcelorMittal as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

On the negative front,

China Precision Steel Inc

(

CPSL

), down 9.9%,

Golden Star Resources

(

GSS

), down 6.8%,

Entree Gold Inc

(

EGI

), down 6.8%, and

Comstock Mining Inc

(

LODE

), down 5.9%, were all losers within the metals & mining industry with

Vale S.A

(

VALE

) being today's metals & mining industry loser.

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

).

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