Consol Energy Inc (CNX): Today's Featured Metals & Mining Laggard

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

Consol Energy ( CNX) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day down 0.7%. By the end of trading, Consol Energy fell $0.35 (-1.2%) to $29.79 on heavy volume. Throughout the day, 3,320,712 shares of Consol Energy exchanged hands as compared to its average daily volume of 2,174,100 shares. The stock ranged in price between $29.75-$30.45 after having opened the day at $30.36 as compared to the previous trading day's close of $30.14. Other companies within the Metals & Mining industry that declined today were: Prospect Global Resources ( PGRX), down 69.4%, Lake Shore Gold ( LSG), down 31.8%, Brigus Gold ( BRD), down 21.1% and Pacific Booker Minerals ( PBM), down 13.6%.
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CONSOL Energy Inc. produces coal and natural gas for energy and raw material markets in the United States, Canada, and western Europe. It operates in Coal and Gas divisions. Consol Energy has a market cap of $7.1 billion and is part of the basic materials sector. The company has a P/E ratio of 24.5, above the S&P 500 P/E ratio of 17.7. Shares are down 6.1% year to date as of the close of trading on Thursday. Currently there are 16 analysts that rate Consol Energy a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Consol Energy 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 increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.

On the positive front, Silver Bull Resources ( SVBL), down 17.8%, United States Antimony Corporation ( UAMY), down 17.0%, McEwen Mining ( MUX), down 9.1% and Entree Gold ( EGI), down 8.7% , were all gainers within the metals & mining industry with Goldcorp ( GG) 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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