5 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 4 points (0.0%) at 15,077 as of Monday, Aug. 19, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 933 issues advancing vs. 2,036 declining with 90 unchanged.

The Metals & Mining industry currently is unchanged today versus the S&P 500, which is down 0.1%. A company within the industry that fell today was POSCO ( PKX), up 1.2%. Top gainers within the industry include Companhia Siderurgica Nacional ( SID), up 5.4%, Gerdau ( GGB), up 3.9%, Turquoise Hill Resources ( TRQ), up 2.4% and Agnico Eagle Mines ( AEM), up 1.7%.

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

5. Tenaris ( TS) is one of the companies pushing the Metals & Mining industry lower today. As of noon trading, Tenaris is down $0.31 (-0.7%) to $46.04 on average volume. Thus far, 589,801 shares of Tenaris exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $45.96-$46.25 after having opened the day at $46.12 as compared to the previous trading day's close of $46.35.

Tenaris S.A., through its subsidiaries, engages in the steel pipe manufacturing and distribution activities. Tenaris has a market cap of $27.2 billion and is part of the industrial goods sector. Shares are up 10.6% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Tenaris a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Tenaris as a buy. 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, expanding profit margins, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Tenaris 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, Anglogold Ashanti ( AU) is down $0.47 (-3.2%) to $14.28 on heavy volume. Thus far, 3.2 million shares of Anglogold Ashanti exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $13.85-$14.30 after having opened the day at $13.94 as compared to the previous trading day's close of $14.75.

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 $5.8 billion and is part of the basic materials sector. Shares are down 53.0% year to date as of the close of trading on Friday. 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 sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, generally high debt management risk, disappointing return on equity and weak operating cash flow. 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.

3. As of noon trading, Teck Resources ( TCK) is down $0.31 (-1.1%) to $27.48 on average volume. Thus far, 1.2 million 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 $27.14-$27.71 after having opened the day at $27.66 as compared to the previous trading day's close of $27.79.

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 $16.0 billion and is part of the basic materials sector. Shares are down 23.5% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate Teck Resources a buy, 1 analyst rates it a sell, and 6 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, disappointing return on equity and weak operating cash flow. Get the full Teck 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.

2. As of noon trading, ArcelorMittal ( MT) is down $0.35 (-2.5%) to $13.60 on average volume. Thus far, 3.1 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 $13.50-$13.66 after having opened the day at $13.64 as compared to the previous trading day's close of $13.95.

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 $21.7 billion and is part of the basic materials sector. Shares are down 20.1% year to date as of the close of trading on Friday. 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 strengths can be seen in multiple areas, such as its good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, 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.

1. As of noon trading, Freeport-McMoRan Copper & Gold ( FCX) is down $0.36 (-1.1%) to $31.18 on light volume. Thus far, 4.7 million shares of Freeport-McMoRan Copper & Gold exchanged hands as compared to its average daily volume of 17.0 million shares. The stock has ranged in price between $31.06-$31.42 after having opened the day at $31.35 as compared to the previous trading day's close of $31.54.

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 $33.1 billion and is part of the basic materials sector. Shares are down 7.8% year to date as of the close of trading on Friday. 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. Among the primary strengths of the company is its respectable return on equity which we feel is likely to continue. At the same time, however, 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.

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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