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 0.8%. By the end of trading, Companhia Siderurgica Nacional rose 6 cents (1%) to $5.81 on light volume. Throughout the day, 4.2 million shares of Companhia Siderurgica Nacional exchanged hands as compared to its average daily volume of 6.8 million shares. The stock ranged in a price between $5.70-$5.89 after having opened the day at $5.75 as compared to the previous trading day's close of $5.75. Other companies within the Metals & Mining industry that increased today were: Kingold Jewelry ( KGJI), up 7.3%, North American Palladium ( PAL), up 6.5%, USEC ( USU), up 4.4%, and Thompson Creek Metals Company ( TC), up 3.4%.
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Companhia Siderurgica Nacional operates as an integrated steel producer primarily in Asia, North America, Latin America, and Europe. Companhia Siderurgica Nacional has a market cap of $8.33 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 29.7% year to date as of the close of trading on Thursday. Currently there are no analysts that rate Companhia Siderurgica Nacional a buy, one analyst rates it a sell, and one rates it a hold.

TheStreet Ratings rates Companhia Siderurgica Nacional as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity.

On the negative front, Timberline Resources Corporation ( TLR), down 7.4%, Rare Element Resources ( REE), down 6.5%, Atlatsa Resources ( ATL), down 6.3%, and James River Coal Company ( JRCC), down 5.7%, were all laggards within the metals & mining industry with Freeport-McMoRan Copper & Gold ( FCX) 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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