Vale SA (VALE): Today's Featured Metals & Mining Loser

Vale ( 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 0.4%. By the end of trading, Vale fell 28 cents (-1.2%) to $22.22 on average volume. Throughout the day, 21.8 million shares of Vale exchanged hands as compared to its average daily volume of 17.8 million shares. The stock ranged in price between $22.03-$22.49 after having opened the day at $22.48 as compared to the previous trading day's close of $22.49. Other company's within the Metals & Mining industry that declined today were: Anooraq Resources Corporation ( ANO), down 20%, Pacific Booker Minerals ( PBM), down 14.4%, New Gold ( NGD), down 9.2%, and Synalloy Corporation ( SYNL), down 7.9%.

Vale S.A. engages in the exploration, production, and sale of basic metals in Brazil and internationally. The company is also involved in fertilizers, logistics, and steel businesses. Vale has a market cap of $292.48 billion and is part of the basic materials sector. Currently there are six analysts that rate Vale a buy, one analyst rates it a sell, and five rate it a hold.

TheStreet Ratings rates Vale as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Pretium Resources ( PVG), up 8.7%, Fortuna Silver Mines ( FSM), up 6.6%, McEwen Mining ( MUX), up 5.9%, and Golden Minerals ( AUMN), up 5.8%, were all gainers within the metals & mining industry with Southern Copper Corporation ( SCCO) being today's featured metals & mining industry winner.

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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