3 Metals & Mining Stocks Dragging The Industry Down

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.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 54 points (0.3%) at 16,185 as of Wednesday, Feb. 19, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,812 issues advancing vs. 1,117 declining with 162 unchanged.

The Metals & Mining industry currently sits down 0.7% versus the S&P 500, which is up 0.1%. A company within the industry that fell today was Tenaris ( TS), up 5.9%. A company within the industry that increased today was Companhia Siderurgica Nacional ( SID), up 4.2%.

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

3. Southern Copper Corporation ( SCCO) is one of the companies pushing the Metals & Mining industry lower today. As of noon trading, Southern Copper Corporation is down $0.29 (-0.9%) to $31.94 on light volume. Thus far, 562,945 shares of Southern Copper Corporation exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $31.82-$32.14 after having opened the day at $32.06 as compared to the previous trading day's close of $32.23.

Southern Copper Corporation engages in mining, exploring, producing, smelting, and refining copper and other minerals in Peru, Mexico, and Chile. Southern Copper Corporation has a market cap of $27.1 billion and is part of the basic materials sector. Shares are up 12.3% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Southern Copper Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Southern Copper Corporation as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Southern Copper Corporation Ratings Report now.

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

2. As of noon trading, United States Steel Corporation ( X) is down $1.64 (-6.1%) to $25.10 on heavy volume. Thus far, 7.5 million shares of United States Steel Corporation exchanged hands as compared to its average daily volume of 7.0 million shares. The stock has ranged in price between $24.03-$25.40 after having opened the day at $25.18 as compared to the previous trading day's close of $26.74.

United States Steel Corporation produces and sells steel mill products in North America and Europe. The company operates in three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). United States Steel Corporation has a market cap of $3.9 billion and is part of the basic materials sector. Shares are down 7.7% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts that rate United States Steel Corporation a buy, 3 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates United States Steel Corporation as a hold. Among the primary strengths of the company is its solid stock performance, considering both the consistency and magnitude of the price movement over time. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full United States Steel Corporation Ratings Report now.

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

1. As of noon trading, Goldcorp ( GG) is down $0.49 (-1.8%) to $27.20 on light volume. Thus far, 2.5 million shares of Goldcorp exchanged hands as compared to its average daily volume of 8.4 million shares. The stock has ranged in price between $27.13-$27.67 after having opened the day at $27.31 as compared to the previous trading day's close of $27.69.

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 $22.4 billion and is part of the basic materials sector. Shares are up 27.1% year-to-date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Goldcorp a buy, 1 analyst rates it a sell, and 6 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. Get the full Goldcorp Ratings Report now.

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

If you are interested in one of these 3 stocks, 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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