Gerdau SA (GGB): 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.

Gerdau ( GGB) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day up 1.5%. By the end of trading, Gerdau fell $0.34 (-4.8%) to $6.79 on average volume. Throughout the day, 4,873,421 shares of Gerdau exchanged hands as compared to its average daily volume of 4,196,700 shares. The stock ranged in price between $6.78-$7.12 after having opened the day at $7.12 as compared to the previous trading day's close of $7.13. Other companies within the Metals & Mining industry that declined today were: 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%.

Gerdau S.A. engages in the production and commercialization of steel products worldwide. Gerdau has a market cap of $11.9 billion and is part of the basic materials sector. Shares are down 9.1% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Gerdau a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Gerdau as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and poor profit margins.

On the positive front, 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% , 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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