Today's Top Performers In Metals & Mining

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 21 points (-0.1%) at 14,492 as of Monday, March 18, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,220 issues advancing vs. 1,709 declining with 121 unchanged.

The Metals & Mining industry currently sits up 0.4% versus the S&P 500, which is down 0.3%. A company within the industry that fell today was Southern Copper Corporation ( SCCO), up 0.6%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry higher today:

4. Consol Energy ( CNX) is one of the companies pushing the Metals & Mining industry higher today. As of noon trading, Consol Energy is up $0.93 (2.7%) to $34.84 on heavy volume Thus far, 2.3 million shares of Consol Energy exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $33.28-$35.24 after having opened the day at $33.35 as compared to the previous trading day's close of $33.91.

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 $7.7 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 up 5.6% year to date as of the close of trading on Friday. Currently there are 16 analysts that rate Consol Energy a buy, 1 analyst rates it a sell, and 3 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, increase in stock price during the past year 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. Get the full Consol Energy Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

3. As of noon trading, Peabody Energy Corporation ( BTU) is up $0.56 (2.6%) to $22.40 on heavy volume Thus far, 5.6 million shares of Peabody Energy Corporation exchanged hands as compared to its average daily volume of 6.8 million shares. The stock has ranged in price between $21.53-$22.69 after having opened the day at $21.70 as compared to the previous trading day's close of $21.84.

Peabody Energy Corporation engages in the mining of coal. The company operates through Western U.S. Mining, Midwestern U.S. Mining, Australian Mining, Trading and Brokerage, and Corporate and Other segments. Peabody Energy Corporation has a market cap of $5.8 billion and is part of the basic materials sector. Shares are down 17.9% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate Peabody Energy Corporation a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Peabody Energy Corporation as a hold. The company's strongest point has been its a solid financial position based on a variety of debt and liquidity measures that we have looked at. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Peabody Energy Corporation Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

2. As of noon trading, Barrick Gold Corporation ( ABX) is up $0.35 (1.2%) to $28.97 on average volume Thus far, 4.3 million shares of Barrick Gold Corporation exchanged hands as compared to its average daily volume of 9.3 million shares. The stock has ranged in price between $28.82-$29.34 after having opened the day at $29.09 as compared to the previous trading day's close of $28.62.

Barrick Gold Corporation engages in the production and sale of gold and copper. The company has a portfolio of 27 operating mines, and exploration and development projects located in North America, South America, the Australia Pacific region, and Africa. Barrick Gold Corporation has a market cap of $28.6 billion and is part of the basic materials sector. Shares are down 18.3% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Barrick Gold Corporation a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Barrick Gold Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and good cash flow from operations. 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. Get the full Barrick Gold Corporation Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

1. As of noon trading, Newmont Mining Corporation ( NEM) is up $0.49 (1.2%) to $40.17 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 $39.99-$40.70 after having opened the day at $40.10 as compared to the previous trading day's close of $39.68.

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, Mexico, and New Zealand. Newmont Mining Corporation has a market cap of $19.5 billion and is part of the basic materials sector. The company has a P/E ratio of 10.5, below the S&P 500 P/E ratio of 17.7. Shares are down 14.6% year to date as of the close of trading on Friday. 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.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

If you are interested in one of these 4 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.
null