5 Metals & Mining Stocks Pushing The Industry Higher

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 10 points (-0.1%) at 15,618 as of Friday, Aug. 2, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,354 issues advancing vs. 1,554 declining with 118 unchanged.

The Metals & Mining industry currently sits down 0.5% versus the S&P 500, which is down 0.1%. Top gainers within the industry include Turquoise Hill Resources ( TRQ), up 8.7%, and Barrick Gold Corporation ( ABX), up 1.4%. On the negative front, top decliners within the industry include Nucor ( NUE), down 0.8%, Goldcorp ( GG), down 0.6% and Tenaris ( TS), down 0.6%.

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

5. POSCO ( PKX) is one of the companies pushing the Metals & Mining industry higher today. As of noon trading, POSCO is up $1.50 (2.1%) to $74.47 on average volume. Thus far, 109,271 shares of POSCO exchanged hands as compared to its average daily volume of 203,500 shares. The stock has ranged in price between $73.06-$74.55 after having opened the day at $73.73 as compared to the previous trading day's close of $72.97.

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 $22.1 billion and is part of the basic materials sector. Shares are down 12.7% 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.

3x UPSIDE POTENTIAL: 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, Kinross Gold Corporation ( KGC) is up $0.10 (1.9%) to $5.22 on average volume. Thus far, 6.0 million shares of Kinross Gold Corporation exchanged hands as compared to its average daily volume of 11.9 million shares. The stock has ranged in price between $5.12-$5.26 after having opened the day at $5.17 as compared to the previous trading day's close of $5.12.

Kinross Gold Corporation, together with its subsidiaries, engages in mining and processing gold and silver ores. It is involved in the exploration, acquisition, development, and operation of gold bearing properties. Kinross Gold Corporation has a market cap of $6.0 billion and is part of the basic materials sector. Shares are down 46.2% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Kinross Gold Corporation a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Kinross Gold Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself. Get the full Kinross Gold Corporation Ratings Report now.

3x UPSIDE POTENTIAL: 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, Teck Resources ( TCK) is up $0.20 (0.9%) to $23.92 on light volume. Thus far, 857,776 shares of Teck Resources exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $23.55-$24.14 after having opened the day at $23.64 as compared to the previous trading day's close of $23.71.

Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in the Americas, Asia Pacific, Europe, and Africa. Teck Resources has a market cap of $13.3 billion and is part of the basic materials sector. Shares are down 35.5% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Teck Resources a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Teck Resources 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, reasonable valuation levels 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, deteriorating net income and disappointing return on equity. Get the full Teck Resources Ratings Report now.

3x UPSIDE POTENTIAL: 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, Vale ( VALE) is up $0.12 (0.8%) to $13.80 on average volume. Thus far, 6.9 million shares of Vale exchanged hands as compared to its average daily volume of 17.7 million shares. The stock has ranged in price between $13.62-$13.98 after having opened the day at $13.69 as compared to the previous trading day's close of $13.68.

Vale S.A. engages in the research, production, and marketing of iron ore and pellets, nickel, fertilizers, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally. Vale has a market cap of $70.7 billion and is part of the basic materials sector. Shares are down 34.5% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate Vale a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Vale 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 attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and feeble growth in the company's earnings per share. Get the full Vale Ratings Report now.

3x UPSIDE POTENTIAL: 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 up $0.15 (0.5%) to $29.25 on light volume. Thus far, 4.9 million shares of Freeport-McMoRan Copper & Gold exchanged hands as compared to its average daily volume of 17.4 million shares. The stock has ranged in price between $29.08-$29.42 after having opened the day at $29.12 as compared to the previous trading day's close of $29.10.

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 $26.9 billion and is part of the basic materials sector. Shares are down 17.3% year to date as of the close of trading on Thursday. Currently there are 12 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 attractive valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, generally higher debt management risk and poor profit margins. Get the full Freeport-McMoRan Copper & Gold Ratings Report now.

3x UPSIDE POTENTIAL: 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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