Alcoa Inc (AA): 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.

Alcoa ( AA) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day down 0.1%. By the end of trading, Alcoa fell $0.15 (-1.2%) to $12.07 on heavy volume. Throughout the day, 58,194,190 shares of Alcoa exchanged hands as compared to its average daily volume of 26,588,500 shares. The stock ranged in price between $11.99-$12.22 after having opened the day at $12.06 as compared to the previous trading day's close of $12.22. Other companies within the Metals & Mining industry that declined today were: 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%.

Alcoa Inc. engages in the production and management of primary aluminum, fabricated aluminum, and alumina. The company operates in four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions. Alcoa has a market cap of $13.0 billion and is part of the basic materials sector. Shares are up 15.0% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Alcoa a buy, 4 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Alcoa as a hold. Among the primary strengths of the company is its solid stock performance, considering both the consistency and magnitude of the price movement over time. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

On the positive front, 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% , were all gainers within the metals & mining industry with Newmont Mining Corporation ( NEM) 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).

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