Newmont Mining Corporation (NEM): 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.

Newmont Mining Corporation ( NEM) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day down 0.1%. By the end of trading, Newmont Mining Corporation rose $0.77 (3.2%) to $25.16 on average volume. Throughout the day, 10,502,812 shares of Newmont Mining Corporation exchanged hands as compared to its average daily volume of 9,148,700 shares. The stock ranged in a price between $24.75-$25.50 after having opened the day at $24.81 as compared to the previous trading day's close of $24.39. Other companies within the Metals & Mining industry that increased today were: Golden Star Resources ( GSS), up 8.0%, Rubicon Minerals ( RBY), up 7.7%, Uranerz Energy Corporation ( URZ), up 7.7% and Great Panther Silver ( GPL), up 7.5%.

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 $12.2 billion and is part of the basic materials sector. Shares are up 5.9% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Newmont Mining Corporation a buy, 3 analysts rate it a sell, and 8 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.

On the negative front, China Natural Resources ( CHNR), down 11.4%, Tonix Pharmaceuticals ( TNXP), down 8.2%, Tasman Metals ( TAS), down 7.6% and Rare Element Resources ( REE), down 7.1% , were all laggards within the metals & mining industry with Alcoa ( AA) 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).

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