Kinross Gold Corporation (KGC): 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.

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 down 0.1%. By the end of trading, Kinross Gold Corporation rose 30 cents (3%) to $10.42 on average volume. Throughout the day, 8.1 million shares of Kinross Gold Corporation exchanged hands as compared to its average daily volume of 10.1 million shares. The stock ranged in a price between $9.90-$10.44 after having opened the day at $10.06 as compared to the previous trading day's close of $10.12. Other companies within the Metals & Mining industry that increased today were: China Shen Zhou Mining & Resources ( SHZ), up 17.2%, China Gengsheng Minerals ( CHGS), up 13.9%, Pacific Booker Minerals ( PBM), up 11%, and James River Coal Company ( JRCC), up 10%.
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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 $11.31 billion and is part of the basic materials sector. The company has a P/E ratio of -4.8, below the S&P 500 P/E ratio of 17.7. Shares are down 13% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate Kinross Gold Corporation a buy, one analyst rates it a sell, and five 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 disappointing return on equity and generally disappointing historical performance in the stock itself.

On the negative front, Oxford Resource Partners ( OXF), down 10.7%, Tasman Metals ( TAS), down 9.8%, Ossen Innovation ( OSN), down 9.6%, and Entree Gold ( EGI), down 7.4%, were all laggards within the metals & mining industry with Consol Energy ( CNX) 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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