4 Stocks Pushing The Metals & Mining Industry Downward

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%. 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 4 stocks pushing the industry lower today:

4. Franco-Nevada ( FNV) is one of the companies pushing the Metals & Mining industry lower today. As of noon trading, Franco-Nevada is down $0.66 (-1.6%) to $40.39 on average volume. Thus far, 215,547 shares of Franco-Nevada exchanged hands as compared to its average daily volume of 468,600 shares. The stock has ranged in price between $40.32-$40.88 after having opened the day at $40.50 as compared to the previous trading day's close of $41.05.

Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Canada, Mexico, Australia, and Africa. The company has interests in platinum group metal, oil and gas, and other resource properties. Franco-Nevada has a market cap of $6.2 billion and is part of the basic materials sector. Shares are down 28.2% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Franco-Nevada a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Franco-Nevada as a sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, premium valuation and weak operating cash flow. Get the full Franco-Nevada 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, Buenaventura Mining Company ( BVN) is down $0.39 (-2.9%) to $13.09 on light volume. Thus far, 663,681 shares of Buenaventura Mining Company exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $13.07-$13.71 after having opened the day at $13.51 as compared to the previous trading day's close of $13.48.

Compa ia de Minas Buenaventura S.A.A., a precious metals company, engages in the exploration, mining, and processing of gold and silver in Peru. It also explores for other metals, including zinc, lead, and copper. Buenaventura Mining Company has a market cap of $3.6 billion and is part of the basic materials sector. Shares are down 60.2% year to date as of the close of trading on Thursday. Currently there are no analysts that rate Buenaventura Mining Company a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Buenaventura Mining Company 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, weak operating cash flow and a generally disappointing performance in the stock itself. Get the full Buenaventura Mining Company 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, Alpha Natural Resources ( ANR) is down $0.45 (-8.3%) to $4.99 on heavy volume. Thus far, 14.7 million shares of Alpha Natural Resources exchanged hands as compared to its average daily volume of 11.8 million shares. The stock has ranged in price between $4.90-$5.21 after having opened the day at $5.21 as compared to the previous trading day's close of $5.44.

Alpha Natural Resources, Inc., together with its subsidiaries, engages in extracting, processing, and marketing steam and metallurgical coal in Virginia, West Virginia, Kentucky, Pennsylvania, and Wyoming. Alpha Natural Resources has a market cap of $1.2 billion and is part of the basic materials sector. Shares are down 44.1% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Alpha Natural Resources a buy, 3 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Alpha Natural Resources as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself. Get the full Alpha Natural 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.

1. As of noon trading, ArcelorMittal ( MT) is down $0.06 (-0.5%) to $12.47 on average volume. Thus far, 3.5 million shares of ArcelorMittal exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $12.45-$12.63 after having opened the day at $12.50 as compared to the previous trading day's close of $12.53.

ArcelorMittal, together with its subsidiaries, operates as an integrated steel and mining company worldwide. The company operates through six segments: Flat Carbon Americas; Flat Carbon Europe; Long Carbon Americas and Europe; Asia, Africa, and CIS; Distribution Solutions; and Mining. ArcelorMittal has a market cap of $20.2 billion and is part of the basic materials sector. Shares are down 25.8% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate ArcelorMittal a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates ArcelorMittal as a hold. The company's strongest point has been its a solid financial position based on a variety of debt and liquidity measures that we have looked at. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full ArcelorMittal 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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