5 Stocks Pushing The Metals & Mining Industry Higher

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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 51 points (0.4%) at 13,835 as of Tuesday, Feb. 26, 2013, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,532 issues advancing vs. 1,325 declining with 146 unchanged.

The Metals & Mining industry currently is unchanged today versus the S&P 500, which is unchanged. Top gainers within the industry include Goldcorp ( GG), up 2.1%, Barrick Gold Corporation ( ABX), up 1.6%, Newmont Mining Corporation ( NEM), up 0.9% and Tenaris ( TS), up 1.3%.

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

5. Randgold Resources ( GOLD) is one of the companies pushing the Metals & Mining industry higher today. As of noon trading, Randgold Resources is up $2.26 (2.7%) to $84.90 on heavy volume Thus far, 436,286 shares of Randgold Resources exchanged hands as compared to its average daily volume of 497,800 shares. The stock has ranged in price between $82.88-$85.08 after having opened the day at $83.43 as compared to the previous trading day's close of $82.64.

Randgold Resources Limited, together with its subsidiaries, engages in the exploration and mining of gold deposits in west and central Africa. Randgold Resources has a market cap of $7.5 billion and is part of the basic materials sector. The company has a P/E ratio of 17.8, equal to the S&P 500 P/E ratio of 17.7. Shares are down 17.5% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Randgold Resources a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Randgold Resources as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Randgold Resources Ratings Report now.

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4. As of noon trading, Anglogold Ashanti ( AU) is up $0.39 (1.5%) to $25.73 on average volume Thus far, 1.2 million 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 $25.25-$26.02 after having opened the day at $25.45 as compared to the previous trading day's close of $25.34.

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 $9.7 billion and is part of the basic materials sector. The company has a P/E ratio of 7.9, below the S&P 500 P/E ratio of 17.7. Shares are down 19.8% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Anglogold Ashanti a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Anglogold Ashanti as a hold. 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 and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating 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, Gerdau ( GGB) is up $0.21 (2.6%) to $8.40 on average volume Thus far, 2.9 million shares of Gerdau exchanged hands as compared to its average daily volume of 6.2 million shares. The stock has ranged in price between $8.25-$8.42 after having opened the day at $8.31 as compared to the previous trading day's close of $8.19.

Gerdau S.A. engages in the production and commercialization of steel products worldwide. Gerdau has a market cap of $14.0 billion and is part of the basic materials sector. The company has a P/E ratio of 6.8, below the S&P 500 P/E ratio of 17.7. Shares are down 8.8% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Gerdau a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Gerdau as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and a generally disappointing performance in the stock itself. Get the full Gerdau Ratings Report now.

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2. As of noon trading, Agnico-Eagle Mines ( AEM) is up $0.90 (2.2%) to $41.69 on average volume Thus far, 904,363 shares of Agnico-Eagle Mines exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $40.25-$42.08 after having opened the day at $41.00 as compared to the previous trading day's close of $40.79.

Agnico-Eagle Mines Limited, through its subsidiaries, engages in the exploration, development, and production of mineral properties in Canada, Finland, and Mexico. It primarily explores for gold, as well as silver, copper, zinc, and lead. Agnico-Eagle Mines has a market cap of $6.9 billion and is part of the basic materials sector. The company has a P/E ratio of 22.2, above the S&P 500 P/E ratio of 17.7. Shares are down 23.4% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Agnico-Eagle Mines a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Agnico-Eagle Mines as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. Get the full Agnico-Eagle Mines Ratings Report now.

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1. As of noon trading, Southern Copper Corporation ( SCCO) is up $0.45 (1.2%) to $36.80 on average volume Thus far, 942,977 shares of Southern Copper Corporation exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $36.49-$37.03 after having opened the day at $36.56 as compared to the previous trading day's close of $36.35.

Southern Copper Corporation engages in mining, exploring, producing, smelting, and refining copper and other minerals in Peru, Mexico, and Chile. Southern Copper Corporation has a market cap of $31.1 billion and is part of the basic materials sector. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7. Shares are down 2.9% year to date as of the close of trading on Monday. Currently there are no analysts that rate Southern Copper Corporation a buy, 3 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Southern Copper Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Southern Copper Corporation Ratings Report now.

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If you are interested in one of these 5 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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