4 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

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 4 stocks pushing the industry lower today:

4. Turquoise Hill Resources ( TRQ) is one of the companies pushing the Metals & Mining industry lower today. As of noon trading, Turquoise Hill Resources is down $0.20 (-3.1%) to $6.32 on average volume Thus far, 1.3 million shares of Turquoise Hill Resources exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $6.25-$6.52 after having opened the day at $6.50 as compared to the previous trading day's close of $6.52.

Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mineral exploration, development, and production company in central Asia and Australia. Turquoise Hill Resources has a market cap of $6.7 billion and is part of the basic materials sector. Shares are down 13.0% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Turquoise Hill Resources a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Turquoise Hill Resources as a sell. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself. Get the full Turquoise Hill Resources Ratings Report now.

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3. As of noon trading, Cameco ( CCJ) is down $0.46 (-2.2%) to $21.10 on heavy volume Thus far, 1.5 million shares of Cameco exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $21.00-$21.65 after having opened the day at $21.58 as compared to the previous trading day's close of $21.57.

Cameco Corporation operates as a uranium producer, supplier of conversion services, and fuel manufacturer. The company's Uranium segment is involved in the exploration for, mining, milling, purchase, and sale of uranium concentrate. Cameco has a market cap of $8.7 billion and is part of the basic materials sector. The company has a P/E ratio of 32.3, above the S&P 500 P/E ratio of 17.7. Shares are up 11.5% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Cameco a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Cameco 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 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, feeble growth in the company's earnings per share and deteriorating net income. Get the full Cameco Ratings Report now.

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2. As of noon trading, Teck Resources ( TCK) is down $0.42 (-1.4%) to $30.35 on average volume Thus far, 1.2 million shares of Teck Resources exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $30.28-$30.99 after having opened the day at $30.84 as compared to the previous trading day's close of $30.77.

Teck Resources Limited operates as a diversified mining, mineral processing, and metallurgical company. It is involved in exploring, developing, smelting, refining, safety, environmental protecting, product stewardship, recycling, and researching activities. Teck Resources has a market cap of $17.8 billion and is part of the basic materials sector. The company has a P/E ratio of 13.8, below the S&P 500 P/E ratio of 17.7. Shares are down 14.4% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Teck Resources a buy, 2 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Teck Resources 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 and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. Get the full Teck Resources Ratings Report now.

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1. As of noon trading, ArcelorMittal ( MT) is down $0.15 (-1.0%) to $14.72 on average volume Thus far, 4.4 million shares of ArcelorMittal exchanged hands as compared to its average daily volume of 8.9 million shares. The stock has ranged in price between $14.70-$15.02 after having opened the day at $14.93 as compared to the previous trading day's close of $14.87.

ArcelorMittal, together with its subsidiaries, operates as an integrated steel and mining company with presence in 60 countries worldwide. ArcelorMittal has a market cap of $23.8 billion and is part of the basic materials sector. Shares are down 12.7% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate ArcelorMittal a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates ArcelorMittal as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, generally high debt management risk, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full ArcelorMittal 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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