3 Basic Materials Stocks Nudging The Sector 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 3.18 points (0.0%) at 16,567 as of Tuesday, Aug. 12, 2014, 3:55 PM ET. The NYSE advances/declines ratio sits at 1,103 issues advancing vs. 1,863 declining with 180 unchanged.

The Basic Materials sector as a whole closed the day down 0.8% versus the S&P 500, which was down 0.2%. Top gainers within the Basic Materials sector included Barnwell Industries ( BRN), up 3.4%, Timberline Resources ( TLR), up 7.8%, Pacific Booker Minerals ( PBM), up 3.0%, United States Antimony ( UAMY), up 4.8% and Mountain Province Diamonds ( MDM), up 3.7%.

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

Mountain Province Diamonds ( MDM) is one of the companies that pushed the Basic Materials sector higher today. Mountain Province Diamonds was up $0.19 (3.7%) to $5.29 on heavy volume. Throughout the day, 19,506 shares of Mountain Province Diamonds exchanged hands as compared to its average daily volume of 8,600 shares. The stock ranged in a price between $5.14-$5.29 after having opened the day at $5.15 as compared to the previous trading day's close of $5.10.

Mountain Province Diamonds has a market cap of $546.1 million and is part of the energy industry. Shares are up 2.8% 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 MDM go as follows:

You can view the full analysis from the report here: Mountain Province Diamonds 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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