Kinross Gold Corporation (KGC): Today's Featured Metals & Mining Laggard

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Kinross Gold Corporation ( KGC) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Kinross Gold Corporation fell $0.19 (-4.5%) to $4.06 on heavy volume. Throughout the day, 26,386,285 shares of Kinross Gold Corporation exchanged hands as compared to its average daily volume of 10,669,900 shares. The stock ranged in price between $4.00-$4.31 after having opened the day at $4.22 as compared to the previous trading day's close of $4.25. Other companies within the Metals & Mining industry that declined today were: Avino Silver & Gold Mines ( ASM), down 14.4%, Great Northern Iron Ore ( GNI), down 12.8%, China Gengsheng Minerals ( CHGS), down 11.8% and Minco Gold Corporation ( MGH), down 9.6%.

Kinross Gold Corporation, together with its subsidiaries, engages in mining and processing gold and silver ores. It is involved in the exploration, acquisition, development, and operation of gold bearing properties. Kinross Gold Corporation has a market cap of $5.1 billion and is part of the basic materials sector. Shares are down 3.0% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Kinross Gold Corporation a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Kinross 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, Revett Mining Company ( RVM), up 8.7%, Great Panther Silver ( GPL), up 7.0%, Tanzanian Royalty Exploration Corporation ( TRX), up 6.4% and Oxford Resource Partners ( OXF), up 6.3% , were all gainers within the metals & mining industry with Alcoa ( AA) 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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