Goldcorp Inc. (GG): Today's Featured Metals & Mining Laggard

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.

Goldcorp ( GG) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day down 3.4%. By the end of trading, Goldcorp fell $1.49 (-5.5%) to $25.82 on heavy volume. Throughout the day, 20,386,448 shares of Goldcorp exchanged hands as compared to its average daily volume of 8,347,300 shares. The stock ranged in price between $25.82-$27.23 after having opened the day at $27.17 as compared to the previous trading day's close of $27.31. Other companies within the Metals & Mining industry that declined today were: Lake Shore Gold ( LSG), down 20.6%, Great Panther Silver ( GPL), down 14.9%, Tanzanian Royalty Exploration Corporation ( TRX), down 13.6% and Prospect Global Resources ( PGRX), down 12.7%.

Goldcorp Inc. engages in the acquisition, development, exploration, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America. It primarily explores for gold ores, as well as for silver, copper, lead, and zinc ores. Goldcorp has a market cap of $21.4 billion and is part of the basic materials sector. Shares are down 28.3% year to date as of the close of trading on Thursday. Currently there are 15 analysts that rate Goldcorp a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Goldcorp 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, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself.

On the positive front, Mines Management ( MGN), up 7.8%, Pacific Booker Minerals ( PBM), up 7.6%, Polymet Mining ( PLM), up 4.9% and United States Antimony Corporation ( UAMY), up 4.9% , were all gainers within the metals & mining industry with Molycorp ( MCP) being today's featured metals & mining industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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