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 lower today with the Dow Jones Industrial Average ( ^DJI) trading up 14 points (0.1%) at 12,892 as of Wednesday, Nov. 28, 2012, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,435 issues advancing vs. 1,435 declining with 148 unchanged.

The Metals & Mining industry currently sits down 0.4% versus the S&P 500, which is down 0.0%. On the negative front, top decliners within the industry include Mechel OAO ( MTL), down 3.2%, Eldorado Gold ( EGO), down 1.6%, Buenaventura Mining Company ( BVN), down 1.3% and POSCO ( PKX), down 0.6%. A company within the industry that increased today was Alliance Holdings GP L.P ( AHGP), up 2.8%.

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

5. Silver Wheaton Corporation ( SLW) is one of the companies pushing the Metals & Mining industry lower today. As of noon trading, Silver Wheaton Corporation is down $0.27 (-0.7%) to $36.36 on average volume Thus far, 2.2 million shares of Silver Wheaton Corporation exchanged hands as compared to its average daily volume of 4.7 million shares. The stock has ranged in price between $35.26-$36.40 after having opened the day at $35.80 as compared to the previous trading day's close of $36.63.

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 $13.1 billion and is part of the basic materials sector. The company has a P/E ratio of 23.8, above the S&P 500 P/E ratio of 17.7. Shares are up 27.9% year to date as of the close of trading on Tuesday. Currently there are 9 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.

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