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

Gerdau ( GGB) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day up 1.1%. By the end of trading, Gerdau fell $0.20 (-3.0%) to $6.35 on average volume. Throughout the day, 4,661,728 shares of Gerdau exchanged hands as compared to its average daily volume of 5,662,400 shares. The stock ranged in price between $6.31-$6.52 after having opened the day at $6.47 as compared to the previous trading day's close of $6.55. Other companies within the Metals & Mining industry that declined today were: Great Basin Gold ( GBG), down 18.8%, China Shen Zhou Mining & Resources ( SHZ), down 13.9%, Kimber Resources ( KBX), down 13.0% and James River Coal Company ( JRCC), down 5.8%.
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Gerdau S.A. engages in the production and commercialization of steel products worldwide. Gerdau has a market cap of $11.1 billion and is part of the basic materials sector. The company has a P/E ratio of 5.4, below the S&P 500 P/E ratio of 17.7. Shares are down 27.6% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Gerdau a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Gerdau as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and poor profit margins.

On the positive front, Cardero Resources Corporation ( CDY), down 14.0%, Golden Minerals ( AUMN), down 13.0%, Tanzanian Royalty Exploration Corporation ( TRX), down 11.5% and Hecla Mining Company ( HL), down 11.1% , were all gainers within the metals & mining industry with Newmont Mining Corporation ( NEM) being today's featured metals & mining industry leader.

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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