5 Stocks Pushing The Metals & Mining Industry Lower

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 5 stocks pushing the industry lower today:

5. Consol Energy ( CNX) is one of the companies pushing the Metals & Mining industry lower today. As of noon trading, Consol Energy is down $1.10 (-3.3%) to $32.08 on average volume Thus far, 981,317 shares of Consol Energy exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $32.02-$33.65 after having opened the day at $33.34 as compared to the previous trading day's close of $33.18.

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 $7.2 billion and is part of the basic materials sector. The company has a P/E ratio of 18.4, above the S&P 500 P/E ratio of 17.7. Shares are up 3.4% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Consol Energy as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. 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.

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4. As of noon trading, Silver Wheaton Corporation ( SLW) is down $0.73 (-3.1%) to $22.41 on heavy volume Thus far, 4.9 million shares of Silver Wheaton Corporation exchanged hands as compared to its average daily volume of 4.5 million shares. The stock has ranged in price between $22.36-$23.63 after having opened the day at $23.44 as compared to the previous trading day's close of $23.14.

Silver Wheaton Corp., together with its subsidiaries, operates as silver and gold streaming company worldwide. The company has 20 long-term purchase agreements associated with silver and gold relating to 23 mining assets. Silver Wheaton Corporation has a market cap of $7.8 billion and is part of the basic materials sector. The company has a P/E ratio of 13.4, below the S&P 500 P/E ratio of 17.7. Shares are down 35.9% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Silver Wheaton Corporation as a buy. 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, growth in earnings per share, increase in net income and good cash flow from operations. 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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3. As of noon trading, Peabody Energy Corporation ( BTU) is down $1.34 (-6.5%) to $19.12 on heavy volume Thus far, 7.1 million shares of Peabody Energy Corporation exchanged hands as compared to its average daily volume of 7.3 million shares. The stock has ranged in price between $19.06-$20.64 after having opened the day at $20.50 as compared to the previous trading day's close of $20.46.

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 $5.1 billion and is part of the basic materials sector. Shares are down 23.1% year to date as of the close of trading on Thursday.

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.

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2. As of noon trading, Goldcorp ( GG) is down $0.33 (-1.2%) to $27.51 on average volume Thus far, 4.6 million shares of Goldcorp exchanged hands as compared to its average daily volume of 6.6 million shares. The stock has ranged in price between $27.49-$28.46 after having opened the day at $28.29 as compared to the previous trading day's close of $27.84.

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 $22.1 billion and is part of the basic materials sector. The company has a P/E ratio of 14.0, below the S&P 500 P/E ratio of 17.7. Shares are down 24.1% year to date as of the close of trading on Thursday.

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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1. As of noon trading, Freeport-McMoRan Copper & Gold ( FCX) is down $0.20 (-0.7%) to $27.85 on average volume Thus far, 10.4 million shares of Freeport-McMoRan Copper & Gold exchanged hands as compared to its average daily volume of 15.9 million shares. The stock has ranged in price between $27.42-$28.51 after having opened the day at $28.40 as compared to the previous trading day's close of $28.05.

Freeport-McMoRan Copper & Gold Inc. engages in the exploration of mineral resource properties. The company primarily explores for copper, gold, molybdenum, cobalt, silver, and other metals, such as rhenium and magnetite. Freeport-McMoRan Copper & Gold has a market cap of $26.6 billion and is part of the basic materials sector. The company has a P/E ratio of 8.8, below the S&P 500 P/E ratio of 17.7. Shares are down 18.0% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Freeport-McMoRan Copper & Gold 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 increase in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full Freeport-McMoRan Copper & Gold 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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