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 up 1.5%. By the end of trading, Newmont Mining Corporation rose $0.68 (3.2%) to $22.20 on average volume. Throughout the day, 11,962,373 shares of Newmont Mining Corporation exchanged hands as compared to its average daily volume of 9,913,400 shares. The stock ranged in a price between $21.75-$22.43 after having opened the day at $21.77 as compared to the previous trading day's close of $21.52. Other companies within the Metals & Mining industry that increased today were: Augusta Resource Corporation ( AZC), up 29.4%, Banro Corporation ( BAA), up 14.5%, Almaden Minerals ( AAU), up 14.5% and Exeter Resource Corporation ( XRA), up 13.2%.

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 $10.4 billion and is part of the basic materials sector. Shares are down 6.6% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Newmont Mining Corporation a buy, 4 analysts rate it a sell, and 9 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, Timberline Resources Corporation ( TLR), down 21.4%, North American Palladium ( PAL), down 7.7%, Uranium Resources ( URRE), down 6.6% and HudBay Minerals ( HBM), down 6.1% , were all laggards within the metals & mining industry with Gerdau ( GGB) 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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