Randgold Resources Ltd (GOLD): Today's Featured Metals & Mining Laggard

Randgold Resources ( GOLD) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day down 0.1%. By the end of trading, Randgold Resources fell $1.61 (-2.4%) to $64.64 on average volume. Throughout the day, 832,087 shares of Randgold Resources exchanged hands as compared to its average daily volume of 998,800 shares. The stock 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. Other companies within the Metals & Mining industry that declined today were: Sibanye Gold Ltd ADR ( SBGL), down 41.6%, Crosshair Energy ( CXZ), down 13.3%, Tasman Metals ( TAS), down 6.9% and Cardero Resources Corporation ( CDY), down 6.5%.

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.

On the positive front, China Gengsheng Minerals ( CHGS), up 35.9%, Endeavour Silver Corporation ( EXK), up 11.4%, Prospect Global Resources ( PGRX), up 11.2% and Companhia Siderurgica Nacional ( SID), up 8.3% , were all gainers within the metals & mining industry with Southern Copper Corporation ( SCCO) 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).

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