3 Stocks Pushing The Metals & Mining Industry Downward

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 lower today:

3. Anglogold Ashanti ( AU) is one of the companies pushing the Metals & Mining industry lower today. As of noon trading, Anglogold Ashanti is down $0.31 (-1.7%) to $17.72 on average volume. Thus far, 1.2 million shares of Anglogold Ashanti exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $17.67-$17.97 after having opened the day at $17.72 as compared to the previous trading day's close of $18.03.

AngloGold Ashanti Limited operates as a gold mining and exploration company. It also produces silver, uranium oxide, and sulphuric acid as by-products. Anglogold Ashanti has a market cap of $7.2 billion and is part of the basic materials sector. Shares are up 53.8% year-to-date as of the close of trading on Monday. Currently there is 1 analyst that rates Anglogold Ashanti a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Anglogold Ashanti as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity and feeble growth in its earnings per share. Get the full Anglogold Ashanti Ratings Report now.

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

2. As of noon trading, Tenaris ( TS) is down $0.23 (-0.5%) to $42.91 on light volume. Thus far, 231,041 shares of Tenaris exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $42.60-$42.98 after having opened the day at $42.78 as compared to the previous trading day's close of $43.14.

Tenaris S.A., through its subsidiaries, is engaged in the steel pipe manufacturing and distribution activities. Tenaris has a market cap of $25.6 billion and is part of the basic materials sector. Shares are down 1.3% year-to-date as of the close of trading on Monday. Currently there is 1 analyst that rates Tenaris a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Tenaris 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, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Tenaris Ratings Report now.

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

1. As of noon trading, Teck Resources ( TCK) is down $0.42 (-1.8%) to $23.22 on average volume. Thus far, 1.0 million shares of Teck Resources exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $23.06-$23.42 after having opened the day at $23.08 as compared to the previous trading day's close of $23.63.

Teck Resources Limited explores for, develops, and produces natural resources in the Americas, Asia Pacific, Europe, and Africa. Its principal products include copper, including copper concentrates and cathode copper; steelmaking coal; and refined zinc and zinc concentrates. Teck Resources has a market cap of $13.3 billion and is part of the basic materials sector. Shares are down 9.2% year-to-date as of the close of trading on Monday. Currently there are 5 analysts that rate Teck Resources a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Teck Resources as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and poor profit margins. Get the full Teck Resources Ratings Report now.

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

If you are interested in one of these 3 stocks, 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).

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