3 Stocks Pulling The Metals & Mining Industry Downward

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 18 points (0.1%) at 15,482 as of Monday, July 15, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,893 issues advancing vs. 1,042 declining with 108 unchanged.

The Metals & Mining industry currently is unchanged today versus the S&P 500, which is up 0.1%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Cameco ( CCJ) is one of the companies pushing the Metals & Mining industry lower today. As of noon trading, Cameco is down $0.48 (-2.2%) to $21.46 on average volume. Thus far, 731,218 shares of Cameco exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $21.42-$22.09 after having opened the day at $21.95 as compared to the previous trading day's close of $21.93.

Cameco Corporation operates as a uranium producer, supplier of conversion services, and fuel manufacturer. The company's Uranium segment is involved in the exploration for, mining, milling, purchase, and sale of uranium concentrate. Cameco has a market cap of $8.8 billion and is part of the basic materials sector. Shares are up 12.4% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Cameco a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Cameco 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 feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. Get the full Cameco 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, Anglogold Ashanti ( AU) is down $0.32 (-2.5%) to $12.42 on heavy volume. Thus far, 4.0 million shares of Anglogold Ashanti exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $12.33-$12.73 after having opened the day at $12.57 as compared to the previous trading day's close of $12.75.

AngloGold Ashanti Limited engages in the exploration, production, and marketing of gold. It also produces by-products, such as silver, uranium, and sulfuric acid. Anglogold Ashanti has a market cap of $5.1 billion and is part of the basic materials sector. Shares are down 57.6% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Anglogold Ashanti a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Anglogold Ashanti as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, 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 a generally disappointing performance in the stock itself, weak operating cash flow and deteriorating net income. Get the full Anglogold Ashanti 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, Randgold Resources ( GOLD) is down $1.64 (-2.5%) to $64.60 on average volume. Thus far, 650,543 shares of Randgold Resources exchanged hands as compared to its average daily volume of 998,800 shares. The stock has ranged in price between $64.22-$65.76 after having opened the day at $65.33 as compared to the previous trading day's close of $66.25.

Randgold Resources Limited engages in the exploration and development of gold deposits in Sub-Saharan Africa. Randgold Resources has a market cap of $6.3 billion and is part of the basic materials sector. Shares are down 31.6% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Randgold Resources a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Randgold Resources as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. 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 Randgold Resources 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).

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