5 Stocks Pushing The Metals & Mining Industry Lower

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 82 points (-0.5%) at 15,473 as of Friday, July 26, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,028 issues advancing vs. 1,878 declining with 105 unchanged.

The Metals & Mining industry currently sits down 0.1% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the industry include Newmont Mining Corporation ( NEM), down 1.3%, and Freeport-McMoRan Copper & Gold ( FCX), down 0.6%. Top gainers within the industry include Companhia Siderurgica Nacional ( SID), up 5.9%, Agnico Eagle Mines ( AEM), up 1.9%, ArcelorMittal ( MT), up 1.1% and Southern Copper Corporation ( SCCO), up 0.4%.

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

5. POSCO ( PKX) is one of the companies pushing the Metals & Mining industry lower today. As of noon trading, POSCO is down $0.80 (-1.1%) to $72.85 on light volume. Thus far, 55,863 shares of POSCO exchanged hands as compared to its average daily volume of 205,900 shares. The stock has ranged in price between $72.74-$73.38 after having opened the day at $73.12 as compared to the previous trading day's close of $73.65.

POSCO, together with its subsidiaries, primarily manufactures and sells integrated steel products in South Korea. It operates through four segments: Steel, Trading, Construction, and Others. POSCO has a market cap of $22.3 billion and is part of the basic materials sector. Shares are down 10.3% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate POSCO a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates POSCO as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. 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 disappointing return on equity. Get the full POSCO 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, New Gold ( NGD) is down $0.18 (-2.3%) to $7.32 on average volume. Thus far, 2.2 million shares of New Gold exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $7.28-$7.49 after having opened the day at $7.43 as compared to the previous trading day's close of $7.49.

New Gold Inc., a gold mining company, engages in the acquisition, exploration, extraction, processing, and reclamation of mineral properties. It primarily explores for gold, silver, and copper deposits. New Gold has a market cap of $3.5 billion and is part of the basic materials sector. Shares are down 33.6% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate New Gold a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates New Gold as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and disappointing return on equity. Get the full New 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.

3. As of noon trading, Gerdau ( GGB) is down $0.06 (-0.9%) to $6.49 on average volume. Thus far, 2.2 million shares of Gerdau exchanged hands as compared to its average daily volume of 5.9 million shares. The stock has ranged in price between $6.46-$6.63 after having opened the day at $6.63 as compared to the previous trading day's close of $6.55.

Gerdau S.A. engages in the production and commercialization of steel products worldwide. Gerdau has a market cap of $11.0 billion and is part of the basic materials sector. Shares are down 27.1% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Gerdau a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Gerdau 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 a generally disappointing performance in the stock itself, disappointing return on equity and poor profit margins. Get the full Gerdau 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 $0.40 (-2.9%) to $13.41 on light volume. Thus far, 1.2 million shares of Anglogold Ashanti exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $13.30-$13.83 after having opened the day at $13.67 as compared to the previous trading day's close of $13.81.

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 $5.3 billion and is part of the basic materials sector. Shares are down 56.0% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Anglogold Ashanti a buy, 2 analysts rate 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 reasonable 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, Silver Wheaton Corporation ( SLW) is down $0.26 (-1.1%) to $23.06 on average volume. Thus far, 2.5 million shares of Silver Wheaton Corporation exchanged hands as compared to its average daily volume of 5.4 million shares. The stock has ranged in price between $22.78-$23.43 after having opened the day at $22.92 as compared to the previous trading day's close of $23.32.

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 $8.1 billion and is part of the basic materials sector. Shares are down 36.9% year to date as of the close of trading on Thursday. Currently there are 16 analysts that rate Silver Wheaton Corporation a buy, no analysts rate it a sell, and 1 rates 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.

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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