3 Stocks Pushing The Basic Materials Sector Lower

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.

The Basic Materials sector as a whole closed the day up 0.2% versus the S&P 500, which was unchanged. Laggards within the Basic Materials sector included Sonde Resources ( SOQ), down 1.7%, CKX Lands ( CKX), down 3.7%, Timberline Resources ( TLR), down 7.1%, Alderon Iron Ore ( AXX), down 5.6% and PostRock Energy ( PSTR), down 2.0%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the sector lower today:

Alderon Iron Ore ( AXX) is one of the companies that pushed the Basic Materials sector lower today. Alderon Iron Ore was down $0.07 (5.6%) to $1.19 on heavy volume. Throughout the day, 107,386 shares of Alderon Iron Ore exchanged hands as compared to its average daily volume of 18,400 shares. The stock ranged in price between $1.18-$1.60 after having opened the day at $1.27 as compared to the previous trading day's close of $1.26.

Alderon Iron Ore has a market cap of $157.5 million and is part of the energy industry. Shares are down 19.8% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts who rate Alderon Iron Ore a buy, no analysts rate it a sell, and none rate it a hold.

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

At the close, Timberline Resources ( TLR) was down $0.01 (7.1%) to $0.12 on light volume. Throughout the day, 14,217 shares of Timberline Resources exchanged hands as compared to its average daily volume of 147,500 shares. The stock ranged in price between $0.12-$0.13 after having opened the day at $0.12 as compared to the previous trading day's close of $0.13.

Timberline Resources has a market cap of $10.0 million and is part of the energy industry. Shares are down 25.8% year-to-date as of the close of trading on Tuesday.

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

Highlights from TheStreet Ratings analysis on TLR go as follows:

You can view the full analysis from the report here: Timberline Resources Ratings Report

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

Sonde Resources ( SOQ) was another company that pushed the Basic Materials sector lower today. Sonde Resources was down $0.01 (1.7%) to $0.33 on light volume. Throughout the day, 11,850 shares of Sonde Resources exchanged hands as compared to its average daily volume of 39,000 shares. The stock ranged in price between $0.32-$0.34 after having opened the day at $0.33 as compared to the previous trading day's close of $0.34.

Sonde Resources has a market cap of $19.1 million and is part of the energy industry. Shares are down 50.7% year-to-date as of the close of trading on Tuesday.

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

Highlights from TheStreet Ratings analysis on SOQ go as follows:

You can view the full analysis from the report here: Sonde Resources Ratings Report

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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