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 down 1.0%. By the end of trading, Newmont Mining Corporation fell $0.77 (-2.4%) to $31.34 on average volume. Throughout the day, 9,700,867 shares of Newmont Mining Corporation exchanged hands as compared to its average daily volume of 9,247,900 shares. The stock ranged in price between $31.23-$32.96 after having opened the day at $32.37 as compared to the previous trading day's close of $32.11. Other companies within the Metals & Mining industry that declined today were:
), down 15.1%,
), down 10.3%,
), down 8.5% and
), down 7.9%.
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Newmont Mining Corporation, together with its subsidiaries, engages in the acquisition, exploration, and production of gold and copper properties. The company's assets or operations are located in the United States, Australia, Peru, Indonesia, Ghana, Mexico, and New Zealand. Newmont Mining Corporation has a market cap of $16.4 billion and is part of the basic materials sector. Shares are down 30.9% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Newmont Mining Corporation a buy, 3 analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates
Newmont Mining Corporation
. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.
- You can view the full Newmont Mining Corporation Ratings Report.
On the positive front,
), up 20.7%,
), up 4.4%,
), up 4.4% and
), up 3.9% , 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.