Yamana Gold Inc (AUY): 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.

Yamana Gold ( AUY) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day up 1.0%. By the end of trading, Yamana Gold rose $0.23 (2.1%) to $11.25 on average volume. Throughout the day, 6,260,490 shares of Yamana Gold exchanged hands as compared to its average daily volume of 8,302,700 shares. The stock ranged in a price between $11.16-$11.39 after having opened the day at $11.25 as compared to the previous trading day's close of $11.02. Other companies within the Metals & Mining industry that increased today were: China Gengsheng Minerals ( CHGS), up 19.9%, Prospect Global Resources ( PGRX), up 16.7%, Mechel OAO ( MTL), up 8.5% and Tanzanian Royalty Exploration Corporation ( TRX), up 7.8%.

Yamana Gold Inc. engages in the exploration, development, and production of mineral properties, primarily gold. It also explores for copper, molybdenum, zinc, and silver metals. Yamana Gold has a market cap of $8.7 billion and is part of the basic materials sector. Shares are down 36.0% year to date as of the close of trading on Thursday. Currently there are 13 analysts that rate Yamana Gold a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates Yamana Gold as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income.

On the negative front, Entree Gold ( EGI), down 13.7%, Asanko Gold ( AKG), down 8.4%, Keegan Resources ( KGN), down 8.4% and Quest Rare Minerals ( QRM), down 7.7% , were all laggards within the metals & mining industry with Alpha Natural Resources ( ANR) 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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