Randgold Resources Ltd (GOLD): 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.

Randgold Resources ( GOLD) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day up 0.2%. By the end of trading, Randgold Resources rose 90 cents (1.1%) to $81.48 on average volume. Throughout the day, 603,590 shares of Randgold Resources exchanged hands as compared to its average daily volume of 512,600 shares. The stock ranged in a price between $81.37-$82.84 after having opened the day at $82.06 as compared to the previous trading day's close of $80.58. Other companies within the Metals & Mining industry that increased today were: Jaguar Mining ( JAG), up 17.6%, Crosshair Energy ( CXZ), up 9%, Keegan Resources ( KGN), up 7.7%, and Avino Silver & Gold Mines ( ASM), up 7%.
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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 $7.51 billion and is part of the basic materials sector. The company has a P/E ratio of 17.7, equal to the S&P 500 P/E ratio of 17.7. Shares are down 18.8% year to date as of the close of trading on Monday. Currently there are seven analysts that rate Randgold Resources a buy, no analysts rate it a sell, and three 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.

On the negative front, Oxford Resource Partners ( OXF), down 8.7%, Great Panther Silver ( GPL), down 7.7%, Kimber Resources ( KBX), down 7.2%, and Richmont Mines ( RIC), down 6.9%, were all laggards within the metals & mining industry with Agnico-Eagle Mines ( AEM) 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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