Gerdau SA (GGB): Today's Featured Metals & Mining Winner

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.

Gerdau ( GGB) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day down 0.5%. By the end of trading, Gerdau rose $0.19 (2.9%) to $6.76 on average volume. Throughout the day, 8,414,733 shares of Gerdau exchanged hands as compared to its average daily volume of 6,537,700 shares. The stock ranged in a price between $6.56-$6.90 after having opened the day at $6.56 as compared to the previous trading day's close of $6.57. Other companies within the Metals & Mining industry that increased today were: International Tower Hill Mines ( THM), up 26.0%, Timberline Resources Corporation ( TLR), up 11.5%, United States Antimony Corporation ( UAMY), up 11.5% and Claude Resources ( CGR), up 10.4%.

Gerdau S.A. engages in the production and commercialization of steel products worldwide. Gerdau has a market cap of $11.3 billion and is part of the basic materials sector. Shares are down 26.9% 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 poor profit margins, weak operating cash flow and a generally disappointing performance in the stock itself.

On the negative front, Crosshair Energy ( CXZ), down 12.5%, China Gengsheng Minerals ( CHGS), down 10.3%, Sterlite Industries (India ( SLT), down 6.7% and Harmony Gold Mining ( HMY), down 6.0% , were all laggards within the metals & mining industry with Southern Copper Corporation ( SCCO) being today's metals & mining industry laggard.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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