Vale S.A

(

VALE

) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining loser. The industry as a whole closed the day down 3%. By the end of trading, Vale S.A fell 58 cents (-2.8%) to $20.51 on light volume. Throughout the day, 11.9 million shares of Vale S.A exchanged hands as compared to its average daily volume of 20.3 million shares. The stock ranged in price between $20.46-$21.10 after having opened the day at $20.99 as compared to the previous trading day's close of $21.09. Other company's within the Metals & Mining industry that declined today were:

Eldorado Gold

(

EGO

), down 13.6%,

Minco Gold Corporation

(

MGH

), down 12.3%,

Alexco Resource

(

AXU

), down 10.4%, and

Nanophase Technologies Corporation

(

NANX

), down 10.2%.

Vale S.A. engages in the exploration, production, and sale of basic metals in Brazil. The company also involves in fertilizers, logistics, and steel businesses. Vale S.A has a market cap of $112.62 billion and is part of the

basic materials

sector. The company has a P/E ratio of 6.5, above the average metals & mining industry P/E ratio of 4.2 and below the S&P 500 P/E ratio of 17.7. Shares are down 39% year to date as of the close of trading on Friday. Currently there are eight analysts that rate Vale S.A a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Vale S.A as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, robust revenue growth, notable return on equity, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

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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