Goldcorp Inc. (GG): 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.

Goldcorp ( GG) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day up 0.7%. By the end of trading, Goldcorp rose $0.37 (1.5%) to $25.12 on average volume. Throughout the day, 8,067,086 shares of Goldcorp exchanged hands as compared to its average daily volume of 8,073,100 shares. The stock ranged in a price between $24.47-$25.15 after having opened the day at $24.58 as compared to the previous trading day's close of $24.75. Other companies within the Metals & Mining industry that increased today were: Alexco Resource ( AXU), up 8.1%, Lake Shore Gold ( LSG), up 8.0%, Tonix Pharmaceuticals ( TNXP), up 7.1% and Minco Gold Corporation ( MGH), up 6.4%.

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 $20.2 billion and is part of the basic materials sector. Shares are up 14.2% year to date as of the close of trading on Monday. Currently there are 13 analysts that rate Goldcorp a buy, 1 analyst rates it a sell, and 5 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.

On the negative front, James River Coal Company ( JRCC), down 28.0%, Quaterra Resources ( QMM), down 13.8%, China Gengsheng Minerals ( CHGS), down 11.4% and Timberline Resources Corporation ( TLR), down 8.3%.

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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