3 Stocks Driving The Metals & Mining Industry Higher

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 7 points (0.0%) at 16,563 as of Tuesday, Aug. 12, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,349 issues advancing vs. 1,605 declining with 179 unchanged.

The Metals & Mining industry currently sits up 0.1% versus the S&P 500, which is down 0.1%. Top gainers within the industry include Eldorado Gold ( EGO), up 3.0%, Kinross Gold ( KGC), up 2.5%, Franco-Nevada ( FNV), up 2.4%, Southern Copper ( SCCO), up 1.3% and POSCO ( PKX), up 0.6%.

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

3. Goldcorp ( GG) is one of the companies pushing the Metals & Mining industry higher today. As of noon trading, Goldcorp is up $0.54 (1.9%) to $28.79 on average volume. Thus far, 3.3 million shares of Goldcorp exchanged hands as compared to its average daily volume of 4.5 million shares. The stock has ranged in price between $28.34-$29.06 after having opened the day at $28.35 as compared to the previous trading day's close of $28.25.

Goldcorp Inc. is engaged in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America. Goldcorp has a market cap of $22.8 billion and is part of the basic materials sector. Shares are up 30.4% year-to-date as of the close of trading on Monday. Currently there are 11 analysts who rate Goldcorp a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Goldcorp as a sell. Among the areas we feel are negative, one of the most important has been an overall disappointing return on equity. Get the full Goldcorp Ratings Report now.

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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