HMY, ANV, BVN, GFI And NUE, Pushing Metals & Mining Industry Downward

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 73 points (0.5%) at 14,495 as of Friday, March 22, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,725 issues advancing vs. 1,132 declining with 170 unchanged.

The Metals & Mining industry currently is unchanged today versus the S&P 500, which is up 0.6%. On the negative front, top decliners within the industry include Anglogold Ashanti ( AU), down 2.4%, ArcelorMittal ( MT), down 1.3%, Barrick Gold Corporation ( ABX), down 1.0% and Consol Energy ( CNX), down 0.9%. Top gainers within the industry include Turquoise Hill Resources ( TRQ), up 2.0%, Tenaris ( TS), up 1.7% and Silver Wheaton Corporation ( SLW), up 1.2%.

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

5. Harmony Gold Mining ( HMY) is one of the companies pushing the Metals & Mining industry lower today. As of noon trading, Harmony Gold Mining is down $0.20 (-3.0%) to $6.42 on light volume Thus far, 772,625 shares of Harmony Gold Mining exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $6.42-$6.56 after having opened the day at $6.51 as compared to the previous trading day's close of $6.62.

Harmony Gold Mining Company Limited engages in the exploration, extraction, processing, and smelting of gold in South Africa and Papua New Guinea. Harmony Gold Mining has a market cap of $2.8 billion and is part of the basic materials sector. The company has a P/E ratio of 8.2, below the S&P 500 P/E ratio of 17.7. Shares are down 26.1% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Harmony Gold Mining a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Harmony Gold Mining 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, attractive valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and a generally disappointing performance in the stock itself. Get the full Harmony Gold Mining Ratings Report now.

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4. As of noon trading, Allied Nevada Gold ( ANV) is down $1.12 (-6.2%) to $17.04 on heavy volume Thus far, 1.2 million shares of Allied Nevada Gold exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $16.95-$17.95 after having opened the day at $17.93 as compared to the previous trading day's close of $18.16.

Allied Nevada Gold Corp., a gold and silver producer, focuses on the mining, development, and exploration of properties in Nevada. The company's principal products include unrefined gold and silver bars. Allied Nevada Gold has a market cap of $1.6 billion and is part of the basic materials sector. The company has a P/E ratio of 34.5, above the S&P 500 P/E ratio of 17.7. Shares are down 40.4% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate Allied Nevada Gold a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Allied Nevada Gold as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures 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, premium valuation and weak operating cash flow. Get the full Allied Nevada Gold Ratings Report now.

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3. As of noon trading, Buenaventura Mining Company ( BVN) is down $0.32 (-1.2%) to $25.94 on light volume Thus far, 501,473 shares of Buenaventura Mining Company exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $25.88-$26.59 after having opened the day at $26.22 as compared to the previous trading day's close of $26.26.

Compa ia de Minas Buenaventura S.A.A., a precious metals company, engages in the exploration, mining, and processing of gold and silver in Peru. It also explores for other metals, including zinc, lead, and copper. Buenaventura Mining Company has a market cap of $6.4 billion and is part of the basic materials sector. The company has a P/E ratio of 8.2, below the S&P 500 P/E ratio of 17.7. Shares are down 27.0% year to date as of the close of trading on Thursday. Currently there are no analysts that rate Buenaventura Mining Company a buy, 1 analyst rates it a sell, and 3 rate it a hold.

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

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2. As of noon trading, Gold Fields ( GFI) is down $0.28 (-3.4%) to $7.92 on average volume Thus far, 2.0 million shares of Gold Fields exchanged hands as compared to its average daily volume of 4.8 million shares. The stock has ranged in price between $7.92-$8.12 after having opened the day at $8.01 as compared to the previous trading day's close of $8.20.

Gold Fields Limited engages in the acquisition, exploration, development, and production of gold properties. It holds interests in eight operating mines in South Africa, Peru, Ghana, and Australia. Gold Fields has a market cap of $5.9 billion and is part of the basic materials sector. The company has a P/E ratio of 6.6, below the S&P 500 P/E ratio of 17.7. Shares are down 34.3% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Gold Fields a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Gold Fields 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, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Gold Fields Ratings Report now.

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1. As of noon trading, Nucor ( NUE) is down $0.33 (-0.7%) to $46.07 on average volume Thus far, 998,145 shares of Nucor exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $46.04-$46.62 after having opened the day at $46.49 as compared to the previous trading day's close of $46.40.

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 $14.9 billion and is part of the basic materials sector. The company has a P/E ratio of 29.6, above the S&P 500 P/E ratio of 17.7. Shares are up 7.5% year to date as of the close of trading on Thursday. 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 3 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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