Eldorado Gold

(

EGO

) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day up 0.3%. By the end of trading, Eldorado Gold rose 59 cents (3.5%) to $17.37 on average volume. Throughout the day, 3.4 million shares of Eldorado Gold exchanged hands as compared to its average daily volume of four million shares. The stock ranged in a price between $16.83-$17.62 after having opened the day at $16.95 as compared to the previous trading day's close of $16.78. Other companies within the Metals & Mining industry that increased today were:

Entree Gold Inc

(

EGI

), up 9.5%,

Extorre Gold Mines

(

XG

), up 9.2%,

Avino Silver & Gold Mines

(

ASM

), up 8.8%, and

Avino Silver & Gold Mines

(

ASGMF

), up 8.8%.

Eldorado Gold Corporation, together with its subsidiaries, engages in the discovery, exploration, development, production, and reclamation of gold properties in Brazil, the People's Republic of China, Greece, and Turkey. Eldorado Gold has a market cap of $9.48 billion and is part of the

basic materials

sector. The company has a P/E ratio of 35.8, above the average metals & mining industry P/E ratio of 33.7 and above the S&P 500 P/E ratio of 17.7. Shares are down 9.6% year to date as of the close of trading on Monday.

TheStreet Ratings rates Eldorado as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, expanding profit margins and impressive record of earnings per share growth. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front,

Oilsands Quest Inc

(

BQI

), down 12.1%,

Lihua International Inc

(

LIWA

), down 8.8%,

Minco Gold Corporation

(

MGH

), down 7.4%, and

General Steel Holdings Inc

(

GSI

), down 6%, were all losers within the metals & mining industry with

Companhia Siderurgica Nacional

(

SID

) 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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