5 Stocks Pushing The Metals & Mining Industry Lower

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

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 9 points (-0.1%) at 12,786 as of Tuesday, Nov. 20, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,471 issues advancing vs. 1,424 declining with 128 unchanged.

The Metals & Mining industry currently sits down 0.3% versus the S&P 500, which is up 0.0%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry lower today:

5. POSCO ( PKX) is one of the companies pushing the Metals & Mining industry lower today. As of noon trading, POSCO is down $0.69 (-0.9%) to $73.18 on light volume Thus far, 33,717 shares of POSCO exchanged hands as compared to its average daily volume of 178,300 shares. The stock has ranged in price between $72.77-$73.24 after having opened the day at $73.09 as compared to the previous trading day's close of $73.87.

POSCO engages in the manufacture and sale of steel products in Korea and internationally. POSCO has a market cap of $22.4 billion and is part of the basic materials sector. The company has a P/E ratio of 5.9, below the S&P 500 P/E ratio of 17.7. Shares are down 11.8% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates POSCO a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates POSCO as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and notable return on equity. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and poor profit margins. Get the full POSCO Ratings Report now.

4. As of noon trading, ArcelorMittal ( MT) is down $0.12 (-0.8%) to $14.72 on light volume Thus far, 1.8 million shares of ArcelorMittal exchanged hands as compared to its average daily volume of 6.3 million shares. The stock has ranged in price between $14.60-$14.80 after having opened the day at $14.69 as compared to the previous trading day's close of $14.84.

ArcelorMittal, together with its subsidiaries, operates as an integrated steel and mining company worldwide. ArcelorMittal has a market cap of $23.0 billion and is part of the basic materials sector. The company has a P/E ratio of 16.5, below the S&P 500 P/E ratio of 17.7. Shares are down 18.4% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate ArcelorMittal a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates ArcelorMittal 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, poor profit margins and weak operating cash flow. Get the full ArcelorMittal Ratings Report now.

3. As of noon trading, Alcoa ( AA) is down $0.15 (-1.8%) to $8.19 on light volume Thus far, 5.5 million shares of Alcoa exchanged hands as compared to its average daily volume of 17.9 million shares. The stock has ranged in price between $8.18-$8.31 after having opened the day at $8.30 as compared to the previous trading day's close of $8.34.

Alcoa Inc. engages in the production and management of primary aluminum, fabricated aluminum, and alumina. The company operates in four segments: Alumina, Primary Metals, Flat-Rolled Products, and Engineered Products and Solutions. Alcoa has a market cap of $8.7 billion and is part of the basic materials sector. The company has a P/E ratio of -39.0, below the S&P 500 P/E ratio of 17.7. Shares are down 5.4% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Alcoa a buy, 3 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Alcoa 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, disappointing return on equity and poor profit margins. Get the full Alcoa Ratings Report now.

2. As of noon trading, Silver Wheaton Corporation ( SLW) is down $0.44 (-1.2%) to $36.46 on light volume Thus far, 1.4 million shares of Silver Wheaton Corporation exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $36.22-$36.93 after having opened the day at $36.93 as compared to the previous trading day's close of $36.90.

Silver Wheaton Corp., a mining company, together with its subsidiaries, operates as a silver streaming company worldwide. Silver Wheaton Corporation has a market cap of $12.8 billion and is part of the basic materials sector. The company has a P/E ratio of 23.2, above the S&P 500 P/E ratio of 17.7. Shares are up 24.7% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Silver Wheaton Corporation a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Silver Wheaton Corporation 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, expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Silver Wheaton Corporation Ratings Report now.

1. As of noon trading, Cliffs Natural Resources ( CLF) is down $2.86 (-8.3%) to $31.80 on heavy volume Thus far, 9.4 million shares of Cliffs Natural Resources exchanged hands as compared to its average daily volume of 8.3 million shares. The stock has ranged in price between $31.18-$33.30 after having opened the day at $33.15 as compared to the previous trading day's close of $34.66.

Cliffs Natural Resources Inc., a mining and natural resources company, engages in the production of iron ore pellets, fines and lump ore, and metallurgical coal. Cliffs Natural Resources has a market cap of $5.0 billion and is part of the basic materials sector. The company has a P/E ratio of 5.5, below the S&P 500 P/E ratio of 17.7. Shares are down 43.3% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Cliffs Natural Resources a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Cliffs Natural Resources as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and weak operating cash flow. Get the full Cliffs Natural Resources Ratings Report now.

If you are interested in one of these 4 stocks, 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).

A reminder about TheStreet Ratings group: 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.
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