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 $0.25 (-1.2%) to $20.78 on average volume. Throughout the day, 13,002,175 shares of Barrick Gold Corporation exchanged hands as compared to its average daily volume of 15,276,800 shares. The stock ranged in price between $20.48-$21.07 after having opened the day at $20.92 as compared to the previous trading day's close of $21.03. Other companies within the Metals & Mining industry that declined today were: China Gengsheng Minerals ( CHGS), down 10.7%, Atlatsa Resources ( ATL), down 10.2%, Vista Gold Corporation ( VGZ), down 8.0% and Rio Alto Mining ( RIOM), down 7.9%.

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 $24.7 billion and is part of the basic materials sector. Shares are up 19.6% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate 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 disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself.

On the positive front, Walter Energy ( WLT), up 9.9%, Noranda Aluminum ( NOR), up 7.6%, Denison Mines Corporation ( DNN), up 7.3% and Westmoreland Coal ( WLB), up 6.6% , were all gainers within the metals & mining industry with Freeport-McMoRan Copper & Gold ( FCX) 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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