Consol Energy Inc (CNX): 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.

Consol Energy ( CNX) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day up 0.5%. By the end of trading, Consol Energy rose $1.27 (3.9%) to $33.71 on average volume. Throughout the day, 2.9 million shares of Consol Energy exchanged hands as compared to its average daily volume of 2.8 million shares. The stock ranged in a price between $32.06-$33.72 after having opened the day at $32.45 as compared to the previous trading day's close of $32.44. Other companies within the Metals & Mining industry that increased today were: Jaguar Mining ( JAG), up 13.7%, Kimber Resources ( KBX), up 12.8%, Prospect Global Resources ( PGRX), up 9.4%, and Arch Coal ( ACI), up 8.4%.
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CONSOL Energy Inc. produces coal and natural gas for energy and raw material markets in the United States, Canada, and western Europe. It operates in Coal and Gas divisions. Consol Energy has a market cap of $7.43 billion and is part of the basic materials sector. The company has a P/E ratio of 19.2, above the S&P 500 P/E ratio of 17.7. Shares are up 1.1% year to date as of the close of trading on Wednesday. Currently there are 16 analysts that rate Consol Energy a buy, one analyst rates it a sell, and three rate it a hold.

TheStreet Ratings rates Consol Energy as a hold. The company's strengths can be seen in multiple areas, such as its attractive 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 feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.

On the negative front, China Gengsheng Minerals ( CHGS), down 9.3%, Quaterra Resources ( QMM), down 7.3%, Brigus Gold ( BRD), down 6.5%, and Kingold Jewelry ( KGJI), down 5.4%, were all laggards within the metals & mining industry with United States Steel Corporation ( X) 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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