Barrick Gold Corporation (ABX): 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.

Barrick Gold Corporation ( ABX) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day down 0.9%. By the end of trading, Barrick Gold Corporation fell $0.63 (-3.2%) to $18.94 on average volume. Throughout the day, 18,043,417 shares of Barrick Gold Corporation exchanged hands as compared to its average daily volume of 15,393,100 shares. The stock ranged in price between $18.81-$19.69 after having opened the day at $19.65 as compared to the previous trading day's close of $19.57. Other companies within the Metals & Mining industry that declined today were: Prospect Global Resources ( PGRX), down 31.2%, North American Palladium ( PAL), down 11.8%, Minco Gold Corporation ( MGH), down 11.7% and Vista Gold Corporation ( VGZ), down 7.8%.

Barrick Gold Corporation engages in the production and sale of gold and copper. It is also involved in exploration and mine development activities. Barrick Gold Corporation has a market cap of $22.5 billion and is part of the basic materials sector. Shares are up 11.0% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Barrick Gold Corporation a buy, 1 analyst rates it a sell, and 14 rate it a hold.

TheStreet Ratings rates Barrick Gold Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, generally high debt management risk, disappointing return on equity and weak operating cash flow.

On the positive front, China Gengsheng Minerals ( CHGS), up 18.2%, AMCOL International Corporation ( ACO), up 12.3%, Quest Rare Minerals ( QRM), up 10.2% and Avalon Rare Metals ( AVL), up 7.2% , were all gainers within the metals & mining industry with Nucor ( NUE) 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).

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