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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 9 points (-0.1%) at 14,437 as of Tuesday, March 12, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,094 issues advancing vs. 1,829 declining with 130 unchanged.

The Metals & Mining industry currently sits up 0.6% versus the S&P 500, which is down 0.3%. Top gainers within the industry include Iamgold ( IAG), up 6.4%, Eldorado Gold ( EGO), up 3.0%, Goldcorp ( GG), up 2.8%, Franco-Nevada ( FNV), up 2.5% and Agnico-Eagle Mines ( AEM), up 2.3%.

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

5. Kinross Gold Corporation ( KGC) is one of the companies pushing the Metals & Mining industry higher today. As of noon trading, Kinross Gold Corporation is up $0.25 (3.2%) to $8.01 on average volume Thus far, 3.8 million shares of Kinross Gold Corporation exchanged hands as compared to its average daily volume of 8.3 million shares. The stock has ranged in price between $7.86-$8.08 after having opened the day at $7.87 as compared to the previous trading day's close of $7.76.

Kinross Gold Corporation, together with its subsidiaries, engages in mining and processing gold ores. It is also involved in the exploration and acquisition of gold bearing properties. Kinross Gold Corporation has a market cap of $9.0 billion and is part of the basic materials sector. Shares are down 18.5% year to date as of the close of trading on Monday. Currently there are 13 analysts that rate Kinross Gold Corporation a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Kinross Gold Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, disappointing return on equity and generally disappointing historical performance in the stock itself. Get the full Kinross Gold Corporation Ratings Report now.

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4. As of noon trading, Yamana Gold ( AUY) is up $0.44 (3.1%) to $14.64 on average volume Thus far, 3.1 million shares of Yamana Gold exchanged hands as compared to its average daily volume of 6.3 million shares. The stock has ranged in price between $14.40-$14.83 after having opened the day at $14.48 as compared to the previous trading day's close of $14.20.

Yamana Gold Inc. engages in the exploration, development, and production of mineral properties, primarily gold. It also explores for copper, molybdenum, zinc, and silver metals. Yamana Gold has a market cap of $10.7 billion and is part of the basic materials sector. The company has a P/E ratio of 24.2, above the S&P 500 P/E ratio of 17.7. Shares are down 17.0% year to date as of the close of trading on Monday. Currently there are 14 analysts that rate Yamana Gold a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Yamana Gold as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Yamana Gold Ratings Report now.

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3. As of noon trading, Silver Wheaton Corporation ( SLW) is up $0.98 (3.3%) to $31.20 on heavy volume Thus far, 3.1 million shares of Silver Wheaton Corporation exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $30.28-$31.37 after having opened the day at $30.69 as compared to the previous trading day's close of $30.21.

Silver Wheaton Corp., a mining company, together with its subsidiaries, operates as a silver streaming company worldwide. Silver Wheaton Corporation has a market cap of $10.9 billion and is part of the basic materials sector. The company has a P/E ratio of 19.8, above the S&P 500 P/E ratio of 17.7. Shares are down 16.3% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Silver Wheaton Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Silver Wheaton Corporation as a buy. 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. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Silver Wheaton Corporation Ratings Report now.

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2. As of noon trading, Newmont Mining Corporation ( NEM) is up $0.85 (2.2%) to $39.74 on average volume Thus far, 3.5 million shares of Newmont Mining Corporation exchanged hands as compared to its average daily volume of 7.0 million shares. The stock has ranged in price between $39.34-$40.20 after having opened the day at $39.39 as compared to the previous trading day's close of $38.89.

Newmont Mining Corporation, together with its subsidiaries, engages in the acquisition, exploration, and production of gold and copper properties. The company's assets or operations are located in the United States, Australia, Peru, Indonesia, Ghana, New Zealand, and Mexico. Newmont Mining Corporation has a market cap of $19.3 billion and is part of the basic materials sector. The company has a P/E ratio of 10.4, below the S&P 500 P/E ratio of 17.7. Shares are down 16.3% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Newmont Mining Corporation a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Newmont Mining Corporation as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow. Get the full Newmont Mining Corporation Ratings Report now.

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1. As of noon trading, Freeport-McMoRan Copper & Gold ( FCX) is up $0.33 (1.0%) to $33.63 on average volume Thus far, 8.2 million shares of Freeport-McMoRan Copper & Gold exchanged hands as compared to its average daily volume of 15.9 million shares. The stock has ranged in price between $33.50-$34.12 after having opened the day at $33.59 as compared to the previous trading day's close of $33.30.

Freeport-McMoRan Copper & Gold Inc. engages in the exploration of mineral resource properties. The company primarily explores for copper, gold, molybdenum, cobalt, silver, and other metals, such as rhenium and magnetite. Freeport-McMoRan Copper & Gold has a market cap of $31.6 billion and is part of the basic materials sector. The company has a P/E ratio of 10.4, below the S&P 500 P/E ratio of 17.7. Shares are down 2.6% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Freeport-McMoRan Copper & Gold a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Freeport-McMoRan Copper & Gold as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Freeport-McMoRan Copper & Gold 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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