Newmont Mining Corporation

(

NEM

) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day up 2.5%. By the end of trading, Newmont Mining Corporation rose $1.38 (2.9%) to $48.57 on average volume. Throughout the day, 8.8 million shares of Newmont Mining Corporation exchanged hands as compared to its average daily volume of 7.5 million shares. The stock ranged in a price between $45.96-$48.70 after having opened the day at $46.80 as compared to the previous trading day's close of $47.19. Other companies within the Metals & Mining industry that increased today were:

Patriot Coal Corporation

(

PCX

), up 22%,

Seabridge Gold

(

SA

), up 17.4%,

Exeter Resource Corporation

(

XRA

), up 13.8%, and

International Tower Hill Mines

(

THM

), up 13%.

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, New Zealand, and Mexico. Newmont Mining Corporation has a market cap of $23.24 billion and is part of the

basic materials

sector. The company has a P/E ratio of 43.9, below the average metals & mining industry P/E ratio of 70.7 and above the S&P 500 P/E ratio of 17.7. Shares are down 21.4% year to date as of the close of trading on Tuesday. Currently there are seven analysts that rate Newmont Mining Corporation a buy, no analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates Newmont Mining Corporation as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and weak operating cash flow.

On the negative front,

China Natural Resources

(

CHNR

), down 8.3%,

Augusta Resource Corporation

(

AZC

), down 8.3%,

Alumina

(

AWC

), down 4.5%, and

General Steel Holdings

(

GSI

), down 4.4%, were all losers within the metals & mining industry with

Mechel OAO

(

MTL

) 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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