ArcelorMittal SA (MT): Today's Featured Metals & Mining Winner

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

ArcelorMittal ( MT) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day up 0.9%. By the end of trading, ArcelorMittal rose $0.31 (2.7%) to $11.68 on average volume. Throughout the day, 10,028,233 shares of ArcelorMittal exchanged hands as compared to its average daily volume of 8,054,800 shares. The stock ranged in a price between $11.40-$11.68 after having opened the day at $11.64 as compared to the previous trading day's close of $11.37. Other companies within the Metals & Mining industry that increased today were: China Shen Zhou Mining & Resources ( SHZ), up 17.6%, Keegan Resources ( KGN), up 10.0%, Asanko Gold ( AKG), up 10.0% and Rubicon Minerals ( RBY), up 9.3%.
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ArcelorMittal, together with its subsidiaries, operates as an integrated steel and mining company worldwide. The company operates through six segments: Flat Carbon Americas; Flat Carbon Europe; Long Carbon Americas and Europe; Asia, Africa, and CIS; Distribution Solutions; and Mining. ArcelorMittal has a market cap of $17.7 billion and is part of the basic materials sector. Shares are down 34.9% year to date as of the close of trading on Thursday.

TheStreet Ratings rates ArcelorMittal as a hold. Among the primary strengths of the company is its generally strong cash flow from operations. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

On the negative front, Harry Winston Diamond ( HWD), down 10.7%, Great Basin Gold ( GBG), down 8.9%, Walter Energy ( WLT), down 8.0% and Minco Gold Corporation ( MGH), down 7.2% , were all laggards within the metals & mining industry with Silver Wheaton Corporation ( SLW) being today's metals & mining industry laggard.

For investors not wanting singular stock exposure, 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).

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