Ivanhoe Mines Ltd (IVN): Today's Featured Metals & Mining Loser

Ivanhoe Mines ( IVN) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining loser. The industry as a whole closed the day up 0.5%. By the end of trading, Ivanhoe Mines fell 98 cents (-9.4%) to $9.44 on average volume. Throughout the day, 5.4 million shares of Ivanhoe Mines exchanged hands as compared to its average daily volume of 4.1 million shares. The stock ranged in price between $9.36-$9.93 after having opened the day at $9.84 as compared to the previous trading day's close of $10.42. Other company's within the Metals & Mining industry that declined today were: China Natural Resources ( CHNR), down 28.8%, Great Basin Gold ( GBG), down 13.6%, Golden Star Resources ( GSS), down 12.8%, and International Tower Hill Mines ( THM), down 12.5%.

Ivanhoe Mines Ltd., together with its subsidiaries, operates as a mineral exploration, development, and production company in central Asia and Australia. Ivanhoe Mines has a market cap of $7.67 billion and is part of the basic materials sector. Shares are down 44.6% year to date as of the close of trading on Thursday. Currently there are three analysts that rate Ivanhoe Mines a buy, one analyst rates it a sell, and one rates it a hold.

TheStreet Ratings rates Ivanhoe Mines as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally disappointing historical performance in the stock itself.

On the positive front, China Gerui Advanced Materials Group ( CHOP), up 33.2%, Atlatsa Resources ( ATL), up 29.6%, Uranium Energy Corporation ( UEC), up 21.8%, and China Precision Steel ( CPSL), up 11.1%, were all gainers within the metals & mining industry with ArcelorMittal ( MT) 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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