Kinross Gold Corporation (KGC): 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

Kinross Gold Corporation ( KGC) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day down 1.1%. By the end of trading, Kinross Gold Corporation rose $0.07 (1.1%) to $6.51 on light volume. Throughout the day, 8,756,972 shares of Kinross Gold Corporation exchanged hands as compared to its average daily volume of 12,426,600 shares. The stock ranged in a price between $6.42-$6.64 after having opened the day at $6.49 as compared to the previous trading day's close of $6.44. Other companies within the Metals & Mining industry that increased today were: China Gengsheng Minerals ( CHGS), up 15.2%, Great Basin Gold ( GBG), up 7.8%, Minco Gold Corporation ( MGH), up 7.4% and Tasman Metals ( TAS), up 7.2%.
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Kinross Gold Corporation, together with its subsidiaries, engages in mining and processing gold and silver ores. It is involved in the exploration, acquisition, development, and operation of gold bearing properties. Kinross Gold Corporation has a market cap of $7.5 billion and is part of the basic materials sector. Shares are down 33.7% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Kinross Gold Corporation a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Kinross Gold Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself.

On the negative front, Cardero Resources Corporation ( CDY), down 13.9%, Quest Rare Minerals ( QRM), down 11.6%, Quaterra Resources ( QMM), down 11.5% and Eurasian Minerals ( EMXX), down 8.6% , were all laggards within the metals & mining industry with Peabody Energy Corporation ( BTU) 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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