ArcelorMittal SA (MT): 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.

ArcelorMittal ( MT) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day up 0.3%. By the end of trading, ArcelorMittal rose 17 cents (1.1%) to $14.89 on light volume. Throughout the day, 4.1 million shares of ArcelorMittal exchanged hands as compared to its average daily volume of 9.7 million shares. The stock ranged in a price between $14.77-$14.96 after having opened the day at $14.96 as compared to the previous trading day's close of $14.72. Other companies within the Metals & Mining industry that increased today were: Oxford Resource Partners ( OXF), up 16.7%, L & L Energy ( LLEN), up 13.4%, Brigus Gold ( BRD), up 11%, and United States Antimony Corporation ( UAMY), up 8.4%.
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ArcelorMittal, together with its subsidiaries, operates as an integrated steel and mining company worldwide. The company operates through six segments: Flat Carbon Americas; Flat Carbon Europe; Long Carbon Americas and Europe; Asia, Africa, and CIS; Distribution Solutions; and Mining. ArcelorMittal has a market cap of $22.7 billion and is part of the basic materials sector. Shares are down 15.7% year to date as of the close of trading on Friday. Currently there are four analysts that rate ArcelorMittal a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates ArcelorMittal as a hold. Among the primary strengths of the company is its generally strong cash flow from operations. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

On the negative front, Prospect Global Resources ( PGRX), down 12.6%, Nevsun Resources ( NSU), down 11.2%, James River Coal Company ( JRCC), down 9.3%, and Timberline Resources Corporation ( TLR), down 8.2%, were all laggards within the metals & mining industry with Silver Wheaton Corporation ( SLW) 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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