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

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 4 stocks pushing the industry lower today:

4. US Silica Holdings ( SLCA) is one of the companies pushing the Metals & Mining industry lower today. As of noon trading, US Silica Holdings is down $2.76 (-10.4%) to $23.77 on heavy volume Thus far, 1.2 million shares of US Silica Holdings exchanged hands as compared to its average daily volume of 510,300 shares. The stock has ranged in price between $23.22-$25.65 after having opened the day at $25.63 as compared to the previous trading day's close of $26.53.

U.S. Silica Holdings, Inc., together with its subsidiaries, engages in the mining, processing, and sale of commercial silica in the United States. It operates in two segments, Oil & Gas Proppants and Industrial & Specialty Products. US Silica Holdings has a market cap of $1.4 billion and is part of the basic materials sector. The company has a P/E ratio of 17.6, equal to the S&P 500 P/E ratio of 17.7. Shares are up 58.6% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate US Silica Holdings a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates US Silica Holdings as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and expanding profit margins. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full US Silica Holdings Ratings Report now.

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3. As of noon trading, POSCO ( PKX) is down $0.56 (-0.7%) to $77.30 on average volume Thus far, 100,159 shares of POSCO exchanged hands as compared to its average daily volume of 231,600 shares. The stock has ranged in price between $77.14-$77.86 after having opened the day at $77.26 as compared to the previous trading day's close of $77.86.

POSCO engages in the manufacture and sale of steel products in Korea and internationally. POSCO has a market cap of $24.3 billion and is part of the basic materials sector. The company has a P/E ratio of 6.3, below the S&P 500 P/E ratio of 17.7. Shares are down 5.2% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate POSCO a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates POSCO as a hold. Among the primary strengths of the company is its attractive valuation levels, considering its current price compared to earnings, book value and other measures. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full POSCO Ratings Report now.

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2. As of noon trading, Gerdau ( GGB) is down $0.07 (-0.9%) to $8.11 on light volume Thus far, 2.3 million shares of Gerdau exchanged hands as compared to its average daily volume of 6.3 million shares. The stock has ranged in price between $8.10-$8.27 after having opened the day at $8.16 as compared to the previous trading day's close of $8.18.

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 9.0% 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 reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Gerdau Ratings Report now.

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1. As of noon trading, Nucor ( NUE) is down $0.27 (-0.6%) to $47.29 on average volume Thus far, 1.1 million shares of Nucor exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $47.18-$47.99 after having opened the day at $47.55 as compared to the previous trading day's close of $47.56.

Nucor Corporation, together with its subsidiaries, engages in the manufacture and sale of steel and steel products in North America and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. Nucor has a market cap of $15.1 billion and is part of the basic materials sector. The company has a P/E ratio of 30.2, above the S&P 500 P/E ratio of 17.7. Shares are up 10.2% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Nucor a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Nucor 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 and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Nucor 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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