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Freeport-McMoRan Copper & Gold

(

FCX

) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day up 0.1%. By the end of trading, Freeport-McMoRan Copper & Gold fell $0.37 (-1.3%) to $28.56 on light volume. Throughout the day, 8,957,131 shares of Freeport-McMoRan Copper & Gold exchanged hands as compared to its average daily volume of 17,493,100 shares. The stock ranged in price between $28.46-$28.90 after having opened the day at $28.83 as compared to the previous trading day's close of $28.93. Other companies within the Metals & Mining industry that declined today were:

Turquoise Hill Resources

(

TRQ

), down 19.7%,

Cardero Resources Corporation

(

CDY

), down 14.9%,

Entree Gold

(

EGI

), down 11.5% and

Minco Gold Corporation

(

MGH

), down 7.7%.

Freeport-McMoRan Copper & Gold Inc. engages in the exploration of mineral resource properties. The company primarily explores for copper, gold, molybdenum, cobalt, silver, and other metals, such as rhenium and magnetite. Freeport-McMoRan Copper & Gold has a market cap of $27.4 billion and is part of the basic materials sector. Shares are down 15.7% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate Freeport-McMoRan Copper & Gold a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates

Freeport-McMoRan Copper & Gold

as a

hold

. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, generally higher debt management risk and poor profit margins.

On the positive front,

USEC

(

USU

), up 51.1%,

Uranium Resources

(

URRE

), up 28.2%,

Tasman Metals

(

TAS

), up 24.4% and

Timberline Resources Corporation

(

TLR

), up 12.6% , were all gainers within the metals & mining industry with

Eldorado Gold

(

EGO

) being today's featured metals & mining industry leader.

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

).

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

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