Kinross Gold Corporation (KGC): Today's Featured Metals & Mining Winner

Kinross Gold Corporation ( KGC) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day up 1.2%. By the end of trading, Kinross Gold Corporation rose 54 cents (6.9%) to $8.41 on average volume. Throughout the day, 11.9 million shares of Kinross Gold Corporation exchanged hands as compared to its average daily volume of 9.8 million shares. The stock ranged in a price between $7.88-$8.54 after having opened the day at $7.92 as compared to the previous trading day's close of $7.87. Other companies within the Metals & Mining industry that increased today were: Crosshair Energy ( CXZ), up 10.4%, Great Basin Gold ( GBG), up 10.3%, US Silica Holdings ( SLCA), up 7.7%, and Gold Reserve ( GRZ), up 7.2%.

Kinross Gold Corporation, together with its subsidiaries, engages in mining and processing gold ores. It is also involved in the exploration and acquisition of gold bearing properties. Kinross Gold Corporation has a market cap of $8.96 billion and is part of the basic materials sector. Shares are down 31% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Kinross Gold Corporation a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Kinross Gold Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and generally disappointing historical performance in the stock itself.

On the negative front, James River Coal Company ( JRCC), down 11.1%, China Precision Steel ( CPSL), down 7.3%, Atlatsa Resources ( ATL), down 5.9%, and North American Palladium ( PAL), down 5.8%, were all losers within the metals & mining industry with AK Steel Holding Corporation ( AKS) 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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