Companhia Siderurgica Nacional (SID): Today's Featured Metals & Mining Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Companhia Siderurgica Nacional ( SID) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day down 0.3%. By the end of trading, Companhia Siderurgica Nacional rose 13 cents (2.3%) to $5.79 on heavy volume. Throughout the day, 10.8 million shares of Companhia Siderurgica Nacional exchanged hands as compared to its average daily volume of 7.1 million shares. The stock ranged in a price between $5.52-$5.86 after having opened the day at $5.60 as compared to the previous trading day's close of $5.66. Other companies within the Metals & Mining industry that increased today were: Gold Reserve ( GRZ), up 9.4%, Golden Star Resources ( GSS), up 6.5%, Avalon Rare Metals ( AVL), up 5.8%, and MAG Silver Corporation ( MVG), up 5.8%.
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Companhia Siderurgica Nacional primarily operates as an integrated steel producer in Brazil and Latin America. The company principally produces carbon steel and various steel products. Companhia Siderurgica Nacional has a market cap of $9.05 billion and is part of the basic materials sector. The company has a P/E ratio of six, below the average metals & mining industry P/E ratio of 15.3 and below the S&P 500 P/E ratio of 17.7. Shares are down 30.8% year to date as of the close of trading on Tuesday. Currently there is one analyst that rates Companhia Siderurgica Nacional a buy, two analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Companhia Siderurgica Nacional as a hold. The company's strongest point has been its a solid financial position based on a variety of debt and liquidity measures that we have looked at. At the same time, however, we also find weaknesses including deteriorating net income, poor profit margins and weak operating cash flow.

On the negative front, Minco Gold Corporation ( MGH), down 10.5%, Solitario Exploration & Royalty ( XPL), down 7%, General Steel Holdings ( GSI), down 6.2%, and Kobex Minerals ( KXM), down 5.8%, were all laggards within the metals & mining industry with Anglogold Ashanti ( AU) being today's metals & mining industry laggard.

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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