4 Metals & Mining Stocks Driving The Industry Higher

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 3 points (0.0%) at 14,977 as of Monday, May 6, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,675 issues advancing vs. 1,221 declining with 157 unchanged.

The Metals & Mining industry currently is unchanged today versus the S&P 500, which is up 0.2%. A company within the industry that fell today was Companhia Siderurgica Nacional ( SID), up 1.80.

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

4. Harmony Gold Mining ( HMY) is one of the companies pushing the Metals & Mining industry higher today. As of noon trading, Harmony Gold Mining is up $0.38 (8.80) to $4.70 on average volume Thus far, 1.7 million shares of Harmony Gold Mining exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $4.39-$4.71 after having opened the day at $4.43 as compared to the previous trading day's close of $4.32.

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 $2.1 billion and is part of the basic materials sector. The company has a P/E ratio of 6.1, below the S&P 500 P/E ratio of 17.7. Shares are down 51.8% year to date as of the close of trading on Friday. 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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3. As of noon trading, Teck Resources ( TCK) is up $0.27 (0.98) to $27.70 on average volume Thus far, 1.3 million shares of Teck Resources exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $27.20-$27.74 after having opened the day at $27.58 as compared to the previous trading day's close of $27.43.

Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in the Americas, Asia Pacific, Europe, and Africa. Teck Resources has a market cap of $15.2 billion and is part of the basic materials sector. The company has a P/E ratio of 18.1, above the S&P 500 P/E ratio of 17.7. Shares are down 24.5% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Teck Resources a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Teck Resources 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 reasonable valuation levels. 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 Teck Resources Ratings Report now.

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2. As of noon trading, Barrick Gold Corporation ( ABX) is up $0.37 (1.85) to $20.37 on average volume Thus far, 9.0 million shares of Barrick Gold Corporation exchanged hands as compared to its average daily volume of 16.2 million shares. The stock has ranged in price between $20.15-$20.48 after having opened the day at $20.35 as compared to the previous trading day's close of $20.00.

Barrick Gold Corporation engages in the production and sale of gold and copper. It is also involved in exploration and mine development activities. Barrick Gold Corporation has a market cap of $19.6 billion and is part of the basic materials sector. Shares are down 42.9% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Barrick Gold Corporation a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Barrick Gold Corporation as a hold. The company's strengths can be seen in multiple areas, such as its 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 feeble growth in the company's earnings per share, disappointing return on equity and weak operating cash flow. Get the full Barrick Gold Corporation Ratings Report now.

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1. As of noon trading, Freeport-McMoRan Copper & Gold ( FCX) is up $0.38 (1.22) to $31.51 on average volume Thus far, 7.4 million shares of Freeport-McMoRan Copper & Gold exchanged hands as compared to its average daily volume of 16.5 million shares. The stock has ranged in price between $30.95-$31.54 after having opened the day at $31.36 as compared to the previous trading day's close of $31.13.

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 $28.8 billion and is part of the basic materials sector. The company has a P/E ratio of 9.9, below the S&P 500 P/E ratio of 17.7. Shares are down 9.0% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Freeport-McMoRan Copper & Gold a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Freeport-McMoRan Copper & Gold as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. 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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