3 Stocks Pulling The Metals & Mining Industry Downward

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Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 18 points (-0.1%) at 15,776 as of Monday, Feb. 10, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,409 issues advancing vs. 1,532 declining with 144 unchanged.

The Metals & Mining industry currently sits up 1.5% versus the S&P 500, which is down 0.1%. Top gainers within the industry include Yamana Gold ( AUY), up 5.8%, Kinross Gold Corporation ( KGC), up 5.7%, Eldorado Gold ( EGO), up 5.0% and Southern Copper Corporation ( SCCO), up 1.6%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Companhia Siderurgica Nacional ( SID) is one of the companies pushing the Metals & Mining industry lower today. As of noon trading, Companhia Siderurgica Nacional is down $0.24 (-5.0%) to $4.68 on light volume. Thus far, 1.6 million shares of Companhia Siderurgica Nacional exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $4.64-$4.84 after having opened the day at $4.79 as compared to the previous trading day's close of $4.93.

Companhia Siderurgica Nacional operates as an integrated steel producer primarily in Brazil. The company principally produces carbon steel and various steel products for automotive, home appliance, packaging, construction, and steel processing industries. Companhia Siderurgica Nacional has a market cap of $7.1 billion and is part of the basic materials sector. Shares are down 20.5% year-to-date as of the close of trading on Friday. Currently there are no analysts that rate Companhia Siderurgica Nacional a buy, 3 analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Companhia Siderurgica Nacional as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally higher debt management risk and weak operating cash flow. Get the full Companhia Siderurgica Nacional Ratings Report now.

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