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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 112.47 points (-0.7%) at 16,912 as of Tuesday, July 8, 2014, 3:55 PM ET. The NYSE advances/declines ratio sits at 1,204 issues advancing vs. 1,839 declining with 128 unchanged.

The Metals & Mining industry as a whole closed the day down 0.3% versus the S&P 500, which was down 0.7%. Top gainers within the Metals & Mining industry included Minco Gold ( MGH), up 2.1%, Sinocoking Coal and Coke Chemicals ( SCOK), up 3.1%, NovaCopper ( NCQ), up 1.9%, Synalloy ( SYNL), up 2.5% and DRDGold ( DRD), up 8.6%.

TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today:

Synalloy ( SYNL) is one of the companies that pushed the Metals & Mining industry higher today. Synalloy was up $0.41 (2.5%) to $16.94 on light volume. Throughout the day, 3,850 shares of Synalloy exchanged hands as compared to its average daily volume of 10,900 shares. The stock ranged in a price between $16.28-$16.94 after having opened the day at $16.65 as compared to the previous trading day's close of $16.53.

Synalloy Corporation is engaged in metals and specialty chemicals businesses in the United States and internationally. Synalloy has a market cap of $143.3 million and is part of the basic materials sector. Shares are up 7.6% year-to-date as of the close of trading on Monday. Currently there is 1 analyst who rates Synalloy a buy, no analysts rate it a sell, and 1 rates it a hold.

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TheStreet Ratings rates Synalloy as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins.

Highlights from TheStreet Ratings analysis on SYNL go as follows:

  • SYNL's debt-to-equity ratio is very low at 0.21 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.34, which illustrates the ability to avoid short-term cash problems.
  • Net operating cash flow has significantly increased by 4370.34% to $7.35 million when compared to the same quarter last year. In addition, SYNALLOY CORP has also vastly surpassed the industry average cash flow growth rate of -36.64%.
  • Along with the stagnant revenue growth, the company underperformed against the industry average of 4.5%. Since the same quarter one year prior, revenues have remained constant. Even though the company's revenue remained stagnant, the earnings per share decreased.
  • SYNALLOY CORP's earnings per share declined by 13.0% in the most recent quarter compared to the same quarter a year ago. The company has suffered a declining pattern of earnings per share over the past two years. However, we anticipate this trend to reverse over the coming year. During the past fiscal year, SYNALLOY CORP reported lower earnings of $0.40 versus $0.66 in the prior year. This year, the market expects an improvement in earnings ($1.19 versus $0.40).
  • The company, on the basis of net income growth from the same quarter one year ago, has underperformed when compared to that of the S&P 500 and greatly underperformed compared to the Metals & Mining industry average. The net income increased by 21.2% when compared to the same quarter one year prior, going from $1.47 million to $1.78 million.

You can view the full analysis from the report here: Synalloy 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.

At the close, NovaCopper ( NCQ) was up $0.02 (1.9%) to $1.07 on average volume. Throughout the day, 99,674 shares of NovaCopper exchanged hands as compared to its average daily volume of 120,600 shares. The stock ranged in a price between $1.03-$1.09 after having opened the day at $1.05 as compared to the previous trading day's close of $1.05.

NovaCopper has a market cap of $59.5 million and is part of the basic materials sector. Shares are down 27.0% year-to-date as of the close of trading on Monday.

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 NCQ go as follows:

You can view the full analysis from the report here: NovaCopper 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.

Sinocoking Coal and Coke Chemicals ( SCOK) was another company that pushed the Metals & Mining industry higher today. Sinocoking Coal and Coke Chemicals was up $0.04 (3.1%) to $1.35 on heavy volume. Throughout the day, 239,275 shares of Sinocoking Coal and Coke Chemicals exchanged hands as compared to its average daily volume of 61,300 shares. The stock ranged in a price between $1.15-$1.49 after having opened the day at $1.25 as compared to the previous trading day's close of $1.31.

SinoCoking Coal and Coke Chemical Industries, Inc. operates as a coal and coke producer in the People's Republic of China. Its products include raw coal, washed coal, medium or mid-coal, coal slurries, coke, coal tar, and crude benzol. It provides metallurgical coke for steel manufacturing. Sinocoking Coal and Coke Chemicals has a market cap of $28.1 million and is part of the basic materials sector. Shares are up 12.9% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate Sinocoking Coal and Coke Chemicals a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Sinocoking Coal and Coke Chemicals as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and weak operating cash flow.

Highlights from TheStreet Ratings analysis on SCOK go as follows:

  • The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and greatly outperformed compared to the Oil, Gas & Consumable Fuels industry average. The net income increased by 46.8% when compared to the same quarter one year prior, rising from $0.50 million to $0.74 million.
  • The current debt-to-equity ratio, 0.38, is low and is below the industry average, implying that there has been successful management of debt levels. To add to this, SCOK has a quick ratio of 1.68, which demonstrates the ability of the company to cover short-term liquidity needs.
  • SCOK, with its decline in revenue, underperformed when compared the industry average of 3.2%. Since the same quarter one year prior, revenues fell by 20.9%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Oil, Gas & Consumable Fuels industry and the overall market, SINOCOKING COAL & COKE CHEM's return on equity significantly trails that of both the industry average and the S&P 500.
  • In its most recent trading session, SCOK has closed at a price level that was not very different from its closing price of one year earlier. This is probably due to its weak earnings growth as well as other mixed factors. Looking ahead, other than the push or pull of the broad market, we do not see anything in the company's numbers that may help reverse the decline experienced over the past 12 months. Despite the past decline, the stock is still selling for more than most others in its industry.

You can view the full analysis from the report here: Sinocoking Coal and Coke Chemicals 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.

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.