Newmont Mining Corporation (NEM): 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.

Newmont Mining Corporation ( NEM) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day down 1.8%. By the end of trading, Newmont Mining Corporation rose $0.33 (1.4%) to $24.44 on light volume. Throughout the day, 6,824,643 shares of Newmont Mining Corporation exchanged hands as compared to its average daily volume of 10,374,100 shares. The stock ranged in a price between $24.21-$24.85 after having opened the day at $24.27 as compared to the previous trading day's close of $24.11. Other companies within the Metals & Mining industry that increased today were: Golden Star Resources ( GSS), up 7.8%, Vale ( VALE), up 3.5%, Sibanye Gold ( SBGL), up 2.6% and Polymet Mining ( PLM), up 2.2%.

Newmont Mining Corporation, together with its subsidiaries, acquires, explores for, and produces gold, copper, and silver deposits. The company's assets or operations are located in the United States, Australia, Peru, Indonesia, Ghana, New Zealand, Mexico, and Suriname. Newmont Mining Corporation has a market cap of $12.0 billion and is part of the basic materials sector. Shares are up 4.7% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Newmont Mining Corporation a buy, 5 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Newmont Mining Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

On the negative front, North American Palladium ( PAL), down 15.8%, China Gengsheng Minerals ( CHGS), down 13.8%, Kingold Jewelry ( KGJI), down 13.5% and General Moly ( GMO), down 9.1% , were all laggards within the metals & mining industry with Alcoa ( AA) 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.

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