5 Stocks Underperforming Today In The Metals & Mining Industry

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 127 points (0.8%) at 15,307 as of Tuesday, June 18, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 2,604 issues advancing vs. 474 declining with 57 unchanged.

The Metals & Mining industry currently sits down 0.09 versus the S&P 500, which is up 0.6%. On the negative front, top decliners within the industry include Franco-Nevada ( FNV), down 4.28, Anglogold Ashanti ( AU), down 3.53, Agnico Eagle Mines ( AEM), down 3.04, Eldorado Gold ( EGO), down 3.27 and Randgold Resources ( GOLD), down 2.39.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry lower today:

5. Silver Wheaton Corporation ( SLW) is one of the companies pushing the Metals & Mining industry lower today. As of noon trading, Silver Wheaton Corporation is down $0.46 (-2.0%) to $22.84 on light volume Thus far, 2.1 million shares of Silver Wheaton Corporation exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $22.72-$23.40 after having opened the day at $23.17 as compared to the previous trading day's close of $23.30.

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 $8.2 billion and is part of the basic materials sector. The company has a P/E ratio of 14.3, below the S&P 500 P/E ratio of 17.7. Shares are down 35.4% year to date as of the close of trading on Monday. Currently there are 14 analysts that rate Silver Wheaton Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Silver Wheaton Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. 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 Silver Wheaton Corporation Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

4. As of noon trading, Goldcorp ( GG) is down $0.74 (-2.6%) to $27.08 on average volume Thus far, 3.4 million shares of Goldcorp exchanged hands as compared to its average daily volume of 7.2 million shares. The stock has ranged in price between $27.04-$27.74 after having opened the day at $27.58 as compared to the previous trading day's close of $27.82.

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 $22.5 billion and is part of the basic materials sector. The company has a P/E ratio of 15.7, 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 Monday. Currently there are 15 analysts that rate Goldcorp a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Goldcorp 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 and expanding profit margins. 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 Goldcorp Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, Newmont Mining Corporation ( NEM) is down $1.06 (-3.2%) to $32.38 on average volume Thus far, 4.2 million shares of Newmont Mining Corporation exchanged hands as compared to its average daily volume of 8.3 million shares. The stock has ranged in price between $31.97-$33.27 after having opened the day at $33.10 as compared to the previous trading day's close of $33.44.

Newmont Mining Corporation, together with its subsidiaries, engages in the acquisition, exploration, and production of gold and copper properties. The company's assets or operations are located in the United States, Australia, Peru, Indonesia, Ghana, Mexico, and New Zealand. Newmont Mining Corporation has a market cap of $16.3 billion and is part of the basic materials sector. The company has a P/E ratio of 10.1, below the S&P 500 P/E ratio of 17.7. Shares are down 28.0% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Newmont Mining Corporation a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Newmont Mining Corporation as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. Get the full Newmont Mining Corporation Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Barrick Gold Corporation ( ABX) is down $0.55 (-2.8%) to $18.87 on light volume Thus far, 6.9 million shares of Barrick Gold Corporation exchanged hands as compared to its average daily volume of 19.0 million shares. The stock has ranged in price between $18.77-$19.34 after having opened the day at $19.30 as compared to the previous trading day's close of $19.42.

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 $19.5 billion and is part of the basic materials sector. Shares are down 44.5% year to date as of the close of trading on Monday. Currently there are 6 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.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Freeport-McMoRan Copper & Gold ( FCX) is down $0.16 (-0.5%) to $29.50 on light volume Thus far, 5.1 million shares of Freeport-McMoRan Copper & Gold exchanged hands as compared to its average daily volume of 18.9 million shares. The stock has ranged in price between $29.33-$29.66 after having opened the day at $29.64 as compared to the previous trading day's close of $29.66.

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 $28.1 billion and is part of the basic materials sector. The company has a P/E ratio of 9.6, below the S&P 500 P/E ratio of 17.7. Shares are down 13.3% year to date as of the close of trading on Monday. Currently there are 11 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 good cash flow from operations, largely solid financial position with reasonable debt levels by most measures 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.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you are interested in one of these 5 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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