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 down 19 points (-0.1%) at 13,006 as of Monday, Dec. 3, 2012, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,239 issues advancing vs. 1,655 declining with 129 unchanged.

The Metals & Mining industry currently sits down 0.7% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Newmont Mining Corporation ( NEM), down 2.1%, Goldcorp ( GG), down 1.5% and Freeport-McMoRan Copper & Gold ( FCX), down 0.8%.

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

5. Franco-Nevada ( FNV) is one of the companies pushing the Metals & Mining industry lower today. As of noon trading, Franco-Nevada is down $0.88 (-1.6%) to $55.40 on light volume Thus far, 96,700 shares of Franco-Nevada exchanged hands as compared to its average daily volume of 308,200 shares. The stock has ranged in price between $55.33-$56.67 after having opened the day at $56.65 as compared to the previous trading day's close of $56.28.

Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Canada, South Africa, and Mexico. The company has interests in platinum group metals, oil and gas, and other resource properties. Franco-Nevada has a market cap of $8.2 billion and is part of the basic materials sector. The company has a P/E ratio of 562.2, above the S&P 500 P/E ratio of 17.7. Shares are up 47.8% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Franco-Nevada a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Franco-Nevada as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. Get the full Franco-Nevada Ratings Report now.

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4. As of noon trading, Anglogold Ashanti ( AU) is down $0.68 (-2.2%) to $30.29 on light volume Thus far, 491,265 shares of Anglogold Ashanti exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $30.25-$30.73 after having opened the day at $30.51 as compared to the previous trading day's close of $30.97.

AngloGold Ashanti Limited primarily engages in the exploration and production of gold. It also produces by-products, such as silver, uranium oxide, and sulfuric acid. Anglogold Ashanti has a market cap of $12.1 billion and is part of the basic materials sector. The company has a P/E ratio of 10.0, below the S&P 500 P/E ratio of 17.7. Shares are down 25.6% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Anglogold Ashanti a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Anglogold Ashanti as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and a generally disappointing performance in the stock itself. Get the full Anglogold Ashanti Ratings Report now.

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3. As of noon trading, Gold Fields ( GFI) is down $0.46 (-3.8%) to $11.82 on average volume Thus far, 2.3 million shares of Gold Fields exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $11.80-$12.08 after having opened the day at $12.04 as compared to the previous trading day's close of $12.28.

Gold Fields Limited engages in the acquisition, exploration, development, and production of gold properties. It holds interests in eight operating mines in South Africa, Peru, Ghana, and Australia. Gold Fields has a market cap of $9.2 billion and is part of the basic materials sector. The company has a P/E ratio of 10.4, below the S&P 500 P/E ratio of 17.7. Shares are down 17.6% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Gold Fields a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Gold Fields 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, notable return on equity, attractive valuation levels, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Gold Fields Ratings Report now.

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2. As of noon trading, Nucor ( NUE) is down $0.39 (-0.9%) to $40.79 on light volume Thus far, 742,352 shares of Nucor exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $40.62-$41.48 after having opened the day at $41.37 as compared to the previous trading day's close of $41.18.

Nucor Corporation, together with its subsidiaries, engages in the manufacture and sale of steel and steel products in North America and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. Nucor has a market cap of $13.0 billion and is part of the basic materials sector. The company has a P/E ratio of 26.0, above the S&P 500 P/E ratio of 17.7. Shares are up 4.1% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Nucor a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Nucor as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Nucor Ratings Report now.

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1. As of noon trading, Barrick Gold Corporation ( ABX) is down $0.22 (-0.6%) to $34.31 on light volume Thus far, 2.5 million shares of Barrick Gold Corporation exchanged hands as compared to its average daily volume of 8.0 million shares. The stock has ranged in price between $34.20-$34.67 after having opened the day at $34.62 as compared to the previous trading day's close of $34.53.

Barrick Gold Corporation engages in the production and sale of gold and copper. The company has a portfolio of 27 operating mines, and exploration and development projects located in North America, South America, the Australia Pacific region, and Africa. Barrick Gold Corporation has a market cap of $34.9 billion and is part of the basic materials sector. The company has a P/E ratio of 10.4, below the S&P 500 P/E ratio of 17.7. Shares are down 22.9% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Barrick Gold Corporation a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Barrick Gold Corporation as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and deteriorating net income. Get the full Barrick Gold Corporation Ratings Report now.

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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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