5 Metals & Mining Stocks On The Rise

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 45 points (-0.3%) at 14,466 as of Thursday, March 21, 2013, 12:44 PM ET. The NYSE advances/declines ratio sits at 1,235 issues advancing vs. 1,661 declining with 139 unchanged.

The Metals & Mining industry currently sits up 0.5% versus the S&P 500, which is down 0.4%. Top gainers within the industry include Newmont Mining Corporation ( NEM), up 3.2%, Randgold Resources ( GOLD), up 2.9%, Barrick Gold Corporation ( ABX), up 3.1% and Eldorado Gold ( EGO), up 2.1%. On the negative front, top decliners within the industry include Tenaris ( TS), down 1.5%, and ArcelorMittal ( MT), down 0.9%.

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

5. Anglogold Ashanti ( AU) is one of the companies pushing the Metals & Mining industry higher today. As of noon trading, Anglogold Ashanti is up $0.52 (2.2%) to $24.49 on light volume Thus far, 678,488 shares of Anglogold Ashanti exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $24.05-$24.50 after having opened the day at $24.13 as compared to the previous trading day's close of $23.97.

AngloGold Ashanti Limited primarily engages in the exploration and production of gold. It also produces by-products, such as silver, uranium oxide, and sulfuric acid. Anglogold Ashanti has a market cap of $9.4 billion and is part of the basic materials sector. The company has a P/E ratio of 7.7, below the S&P 500 P/E ratio of 17.7. Shares are down 22.8% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Anglogold Ashanti a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Anglogold Ashanti as a hold. 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. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and a generally disappointing performance in the stock itself. Get the full Anglogold Ashanti Ratings Report now.

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4. As of noon trading, Kinross Gold Corporation ( KGC) is up $0.18 (2.3%) to $8.10 on average volume Thus far, 3.5 million shares of Kinross Gold Corporation exchanged hands as compared to its average daily volume of 8.5 million shares. The stock has ranged in price between $7.95-$8.13 after having opened the day at $8.00 as compared to the previous trading day's close of $7.91.

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 $9.1 billion and is part of the basic materials sector. Shares are down 17.9% year to date as of the close of trading on Wednesday. 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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3. As of noon trading, Yamana Gold ( AUY) is up $0.42 (2.8%) to $15.48 on heavy volume Thus far, 4.8 million shares of Yamana Gold exchanged hands as compared to its average daily volume of 6.2 million shares. The stock has ranged in price between $15.07-$15.58 after having opened the day at $15.22 as compared to the previous trading day's close of $15.06.

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 $11.1 billion and is part of the basic materials sector. The company has a P/E ratio of 24.9, above the S&P 500 P/E ratio of 17.7. Shares are down 12.2% year to date as of the close of trading on Wednesday. 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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2. As of noon trading, Silver Wheaton Corporation ( SLW) is up $0.60 (2.0%) to $30.80 on average volume Thus far, 2.3 million shares of Silver Wheaton Corporation exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $30.20-$30.83 after having opened the day at $30.50 as compared to the previous trading day's close of $30.20.

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 $10.8 billion and is part of the basic materials sector. The company has a P/E ratio of 19.5, above the S&P 500 P/E ratio of 17.7. Shares are down 15.6% year to date as of the close of trading on Wednesday. Currently there are 10 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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1. As of noon trading, Goldcorp ( GG) is up $0.84 (2.6%) to $33.56 on average volume Thus far, 3.2 million shares of Goldcorp exchanged hands as compared to its average daily volume of 5.8 million shares. The stock has ranged in price between $32.80-$33.61 after having opened the day at $33.00 as compared to the previous trading day's close of $32.72.

Goldcorp Inc. engages in the acquisition, development, exploration, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America. It primarily explores for gold ores, as well as for silver, copper, lead, and zinc ores. Goldcorp has a market cap of $26.4 billion and is part of the basic materials sector. The company has a P/E ratio of 16.7, below the S&P 500 P/E ratio of 17.7. Shares are down 11.2% year to date as of the close of trading on Wednesday. Currently there are 13 analysts that rate Goldcorp a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Goldcorp as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and disappointing return on equity. Get the full Goldcorp 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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