AU, SLW, GG, NEM And ABX, 5 Metals & Mining Stocks Pushing The Industry Lower

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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 3 points (0.0%) at 16,165 as of Thursday, Dec. 19, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,090 issues advancing vs. 1,843 declining with 148 unchanged.

The Metals & Mining industry currently sits down 0.2% versus the S&P 500, which is down 0.2%. A company within the industry that fell today was Gold Fields ( GFI), up 7.5%. Top gainers within the industry include Worthington Industries ( WOR), up 9.9%, Teck Resources ( TCK), up 2.0%, Companhia Siderurgica Nacional ( SID), up 1.9%, Gerdau ( GGB), up 1.1% and Tenaris ( TS), up 0.9%.

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

5. Anglogold Ashanti ( AU) is one of the companies pushing the Metals & Mining industry lower today. As of noon trading, Anglogold Ashanti is down $0.39 (-3.4%) to $11.27 on average volume. Thus far, 2.0 million shares of Anglogold Ashanti exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $11.14-$11.42 after having opened the day at $11.39 as compared to the previous trading day's close of $11.66.

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 $4.8 billion and is part of the basic materials sector. The company has a P/E ratio of 7.4, below the S&P 500 P/E ratio of 17.7. Shares are down 62.8% year to date as of the close of trading on Wednesday. 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 generally disappointing historical performance in the stock itself. 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.

4. As of noon trading, Silver Wheaton Corporation ( SLW) is down $0.31 (-1.5%) to $19.80 on average volume. Thus far, 2.5 million shares of Silver Wheaton Corporation exchanged hands as compared to its average daily volume of 4.8 million shares. The stock has ranged in price between $19.52-$19.80 after having opened the day at $19.75 as compared to the previous trading day's close of $20.11.

Silver Wheaton Corp., together with its subsidiaries, operates as silver and gold streaming company worldwide. The company has 20 long-term purchase agreements associated with silver and gold relating to 23 mining assets. Silver Wheaton Corporation has a market cap of $7.3 billion and is part of the basic materials sector. The company has a P/E ratio of 15.9, below the S&P 500 P/E ratio of 17.7. Shares are down 44.3% year to date as of the close of trading on Wednesday. Currently there are 16 analysts that rate Silver Wheaton Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Silver Wheaton Corporation as a hold. 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 and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and weak operating cash flow. Get the full Silver Wheaton Corporation 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, Goldcorp ( GG) is down $0.25 (-1.2%) to $20.89 on average volume. Thus far, 5.2 million shares of Goldcorp exchanged hands as compared to its average daily volume of 7.4 million shares. The stock has ranged in price between $20.54-$20.90 after having opened the day at $20.68 as compared to the previous trading day's close of $21.14.

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 $17.3 billion and is part of the basic materials sector. Shares are down 42.0% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate Goldcorp a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Goldcorp 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 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, deteriorating net income and disappointing return on equity. Get the full Goldcorp 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, Newmont Mining Corporation ( NEM) is down $0.38 (-1.6%) to $22.76 on average volume. Thus far, 5.6 million shares of Newmont Mining Corporation exchanged hands as compared to its average daily volume of 8.9 million shares. The stock has ranged in price between $22.34-$22.85 after having opened the day at $22.77 as compared to the previous trading day's close of $23.14.

Newmont Mining Corporation, together with its subsidiaries, engages in the acquisition, exploration, and production of gold and copper properties. The company's assets or operations are located in the United States, Australia, Peru, Indonesia, Ghana, Mexico, and New Zealand. Newmont Mining Corporation has a market cap of $11.4 billion and is part of the basic materials sector. Shares are down 50.2% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Newmont Mining Corporation a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Newmont Mining Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and generally high debt management risk. Get the full Newmont Mining Corporation 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, Barrick Gold Corporation ( ABX) is down $0.25 (-1.5%) to $16.66 on average volume. Thus far, 8.1 million shares of Barrick Gold Corporation exchanged hands as compared to its average daily volume of 17.2 million shares. The stock has ranged in price between $16.44-$16.82 after having opened the day at $16.50 as compared to the previous trading day's close of $16.91.

Barrick Gold Corporation engages in the production and sale of gold and copper. It is also involved in exploration and mine development activities. Barrick Gold Corporation has a market cap of $20.0 billion and is part of the basic materials sector. Shares are down 51.7% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Barrick Gold Corporation a buy, no analysts rate it a sell, and 16 rate it a hold.

TheStreet Ratings rates Barrick Gold Corporation 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 Barrick Gold Corporation 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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