4 Metals & Mining Stocks Pushing Industry Growth

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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 31 points (-0.2%) at 14,506 as of Friday, April 19, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,094 issues advancing vs. 778 declining with 149 unchanged.

The Metals & Mining industry currently is unchanged today versus the S&P 500, which is up 0.7%. On the negative front, top decliners within the industry include Harry Winston Diamond ( HWD), down 11.64, and Teck Resources ( TCK), down 1.02.

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

4. Turquoise Hill Resources ( TRQ) is one of the companies pushing the Metals & Mining industry higher today. As of noon trading, Turquoise Hill Resources is up $0.25 (4.81) to $5.45 on average volume Thus far, 1.1 million shares of Turquoise Hill Resources exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $5.24-$5.46 after having opened the day at $5.25 as compared to the previous trading day's close of $5.20.

Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mineral exploration, development, and mining company. The company's principal mineral resource property, the Oyu Tolgoi project, is a copper-gold project located in the South Gobi region of Mongolia. Turquoise Hill Resources has a market cap of $5.1 billion and is part of the basic materials sector. Shares are down 31.5% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Turquoise Hill Resources as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, weak operating cash flow and generally disappointing historical performance in the stock itself. Get the full Turquoise Hill Resources Ratings Report now.

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3. As of noon trading, Anglogold Ashanti ( AU) is up $0.33 (1.84) to $18.29 on heavy volume Thus far, 1.8 million shares of Anglogold Ashanti exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $18.25-$18.91 after having opened the day at $18.39 as compared to the previous trading day's close of $17.96.

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 $6.7 billion and is part of the basic materials sector. The company has a P/E ratio of 5.5, below the S&P 500 P/E ratio of 17.7. Shares are down 42.7% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Anglogold Ashanti as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins 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, 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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2. As of noon trading, Tenaris ( TS) is up $0.36 (0.90) to $40.33 on average volume Thus far, 604,424 shares of Tenaris exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $40.07-$40.64 after having opened the day at $40.48 as compared to the previous trading day's close of $39.97.

Tenaris S.A., through its subsidiaries, engages in the steel pipe manufacturing and distribution activities. Tenaris has a market cap of $23.5 billion and is part of the basic materials sector. The company has a P/E ratio of 35.2, above the S&P 500 P/E ratio of 17.7. Shares are down 4.7% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Tenaris as a buy. 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, notable return on equity, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Tenaris Ratings Report now.

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1. As of noon trading, Southern Copper Corporation ( SCCO) is up $0.24 (0.76) to $31.73 on heavy volume Thus far, 1.6 million shares of Southern Copper Corporation exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $31.13-$31.84 after having opened the day at $31.49 as compared to the previous trading day's close of $31.49.

Southern Copper Corporation engages in mining, exploring, producing, smelting, and refining copper and other minerals in Peru, Mexico, and Chile. Southern Copper Corporation has a market cap of $26.5 billion and is part of the basic materials sector. The company has a P/E ratio of 13.7, below the S&P 500 P/E ratio of 17.7. Shares are down 16.8% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Southern Copper Corporation as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Southern Copper Corporation Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks 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.

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