Anglogold Ashanti Limited (AU): 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.

Anglogold Ashanti ( AU) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day up 0.5%. By the end of trading, Anglogold Ashanti rose $0.66 (5.2%) to $13.27 on average volume. Throughout the day, 3,918,949 shares of Anglogold Ashanti exchanged hands as compared to its average daily volume of 4,170,800 shares. The stock ranged in a price between $12.92-$13.55 after having opened the day at $12.97 as compared to the previous trading day's close of $12.61. Other companies within the Metals & Mining industry that increased today were: Cardero Resources Corporation ( CDY), up 10.7%, Lake Shore Gold ( LSG), up 8.0%, Sibanye Gold Ltd ADR ( SBGL), up 7.8% and Ossen Innovation ( OSN), up 7.7%.

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 $4.9 billion and is part of the basic materials sector. Shares are down 59.1% year to date as of the close of trading on Tuesday. 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.

On the negative front, L & L Energy ( LLEN), down 20.0%, Rare Element Resources ( REE), down 16.0%, Vista Gold Corporation ( VGZ), down 13.0% and Tasman Metals ( TAS), down 11.5% , were all laggards within the metals & mining industry with Consol Energy ( CNX) 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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