Ternium SA ADR (TX): Today's Featured Metals & Mining Winner

Ternium SA ADR ( TX) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day down 2.3%. By the end of trading, Ternium SA ADR rose 42 cents (2.2%) to $19.54 on heavy volume. Throughout the day, 1.3 million shares of Ternium SA ADR exchanged hands as compared to its average daily volume of 794,700 shares. The stock ranged in a price between $19.10-$19.85 after having opened the day at $19.10 as compared to the previous trading day's close of $19.12. Other companies within the Metals & Mining industry that increased today were: L & L Energy ( LLEN), up 16%, United States Antimony Corporation ( UAMY), up 11.8%, China Gerui Advanced Materials Group ( CHOP), up 11.2%, and China Gengsheng Minerals ( CHGS), up 10.3%.

Ternium S.A. engages in manufacturing and processing a range of flat and long steel products for construction, home appliances, capital goods, container, food, energy, and automotive industries. Ternium SA ADR has a market cap of $3.69 billion and is part of the basic materials sector. The company has a P/E ratio of 7.1, below the average metals & mining industry P/E ratio of 7.9 and below the S&P 500 P/E ratio of 17.7. Shares are up 4% year to date as of the close of trading on Monday. Currently there are four analysts that rate Ternium SA ADR a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Ternium SA ADR as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Northern Dynasty Minerals ( NAK), down 33%, Patriot Coal Corporation ( PCX), down 28.3%, Golden Star Resources ( GSS), down 20.3%, and Solitario Exploration & Royalty ( XPL), down 14.3%, were all losers within the metals & mining industry with Vale ( VALE) 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).
null

If you liked this article you might like

5 Solid Picks Among International Stocks

Retirement Withdrawal Strategies That Keep the IRS at Bay

European Picks That Could Be Worth the Trip

Ternium (TX) Highlighted As Strong And Under The Radar Stock Of The Day

What To Hold: 3 Hold-Rated Dividend Stocks BP, BXMT, TX