Randgold Resources Ltd (GOLD): 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.

Randgold Resources ( GOLD) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day up 0.2%. By the end of trading, Randgold Resources rose $3.38 (4.3%) to $82.42 on heavy volume. Throughout the day, 1,291,943 shares of Randgold Resources exchanged hands as compared to its average daily volume of 850,000 shares. The stock ranged in a price between $82.07-$83.28 after having opened the day at $82.13 as compared to the previous trading day's close of $79.04. Other companies within the Metals & Mining industry that increased today were: North American Palladium ( PAL), up 17.0%, Mines Management ( MGN), up 10.3%, Golden Star Resources ( GSS), up 8.3% and USEC ( USU), up 8.2%.

Randgold Resources Limited engages in the exploration and development of gold deposits in Sub-Saharan Africa. Randgold Resources has a market cap of $7.4 billion and is part of the basic materials sector. Shares are up 25.8% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Randgold Resources a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Randgold Resources as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Northern Dynasty Minerals ( NAK), down 16.2%, Harsco Corporation ( HSC), down 10.2%, Mechel OAO ( MTL), down 9.5% and Grupo Simec S.A.B. de C.V ( SIM), down 7.9% , were all laggards within the metals & mining industry with Cliffs Natural Resources ( CLF) 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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you liked this article you might like

Here's What Stocks You Want to Own in the Event of a War With North Korea

This Is the Best Gold Stock to Own If You're Worried About North Korea's Bombs

What North Korea's Claim It Has Tested a Hydrogen Bomb Means for Your Portfolio

What North Korea Chaos Might Mean for Gold Prices