Randgold Resources Ltd (GOLD): 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.

Randgold Resources ( GOLD) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day down 1.8%. By the end of trading, Randgold Resources rose $2.75 (4.0%) to $71.65 on heavy volume. Throughout the day, 1,480,360 shares of Randgold Resources exchanged hands as compared to its average daily volume of 851,100 shares. The stock ranged in a price between $71.55-$73.20 after having opened the day at $71.80 as compared to the previous trading day's close of $68.90. Other companies within the Metals & Mining industry that increased today were: Minco Gold Corporation ( MGH), up 11.9%, Golden Star Resources ( GSS), up 8.2%, Timberline Resources Corporation ( TLR), up 7.7% and Avino Silver & Gold Mines ( ASM), up 7.1%.

Randgold Resources Limited engages in the exploration and development of gold deposits in Sub-Saharan Africa. Randgold Resources has a market cap of $6.3 billion and is part of the basic materials sector. The company has a P/E ratio of 18.7, above the S&P 500 P/E ratio of 17.7. Shares are up 9.7% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Randgold Resources a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Randgold Resources 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 good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity.

On the negative front, James River Coal Company ( JRCC), down 19.1%, Sutor Technology Group ( SUTR), down 12.1%, China Natural Resources ( CHNR), down 9.5% and Alpha Natural Resources ( ANR), down 8.1% , were all laggards within the metals & mining industry with Freeport-McMoRan Copper & Gold ( FCX) 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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