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.
) 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:
), down 19.7%,
), down 14.9%,
), down 11.5% and
), down 7.7%.
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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
. 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.
- You can view the full Freeport-McMoRan Copper & Gold Ratings Report.
On the positive front,
), up 51.1%,
), up 28.2%,
), up 24.4% and
), up 12.6% , were all gainers within the metals & mining industry with
) being today's featured metals & mining industry leader.
- Use our metals & mining section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider
) while those bearish on the metals & mining industry could consider
- Find other investment ideas from our top rated ETFs lists.