3 Metals & Mining Stocks Driving The 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 traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 81 points (0.5%) at 16,920 as of Tuesday, Aug. 19, 2014, 4:20 PM ET. The NYSE advances/declines ratio sits at 1,954 issues advancing vs. 1,082 declining with 162 unchanged.

The Metals & Mining industry as a whole was unchanged today versus the S&P 500, which was up 0.5%. Top gainers within the Metals & Mining industry included Atlatsa Resources ( ATL), up 2.4%, Ossen Innovation ( OSN), up 2.3%, Minco Gold ( MGH), up 2.8%, Oxford Resource Partners ( OXF), up 5.2% and Mines Management ( MGN), up 3.8%.

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

Oxford Resource Partners ( OXF) is one of the companies that pushed the Metals & Mining industry higher today. Oxford Resource Partners was up $0.05 (5.2%) to $1.01 on light volume. Throughout the day, 7,963 shares of Oxford Resource Partners exchanged hands as compared to its average daily volume of 35,600 shares. The stock ranged in a price between $0.95-$1.01 after having opened the day at $0.95 as compared to the previous trading day's close of $0.96.

Oxford Resource Partners, LP produces and markets thermal coal in the United States. The company markets its thermal coal to utilities, industrial customers, municipalities, and other coal-related entities. Oxford Resource Partners has a market cap of $10.9 million and is part of the basic materials sector. Shares are down 21.9% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate Oxford Resource Partners a buy, no analysts rate it a sell, and 1 rates it a hold.

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TheStreet Ratings rates Oxford Resource Partners as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow, poor profit margins and generally disappointing historical performance in the stock itself.

Highlights from TheStreet Ratings analysis on OXF go as follows:

  • Net operating cash flow has declined marginally to $4.78 million or 8.44% when compared to the same quarter last year. In conjunction, when comparing current results to the industry average, OXFORD RESOURCE PARTNERS LP has marginally lower results.
  • The gross profit margin for OXFORD RESOURCE PARTNERS LP is rather low; currently it is at 18.17%. Regardless of OXF's low profit margin, it has managed to increase from the same period last year. Despite the mixed results of the gross profit margin, OXF's net profit margin of -3.53% significantly underperformed when compared to the industry average.
  • OXF's stock share price has done very poorly compared to where it was a year ago: Despite any rallies, the net result is that it is down by 58.68%, which is also worse that the performance of the S&P 500 Index. Investors have so far failed to pay much attention to the earnings improvements the company has managed to achieve over the last quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
  • OXFORD RESOURCE PARTNERS LP has improved earnings per share by 47.6% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. However, we anticipate underperformance relative to this pattern in the coming year. During the past fiscal year, OXFORD RESOURCE PARTNERS LP continued to lose money by earning -$1.07 versus -$1.27 in the prior year. For the next year, the market is expecting a contraction of 7.0% in earnings (-$1.15 versus -$1.07).
  • OXF, with its decline in revenue, slightly underperformed the industry average of 2.6%. Since the same quarter one year prior, revenues slightly dropped by 5.8%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.

You can view the full analysis from the report here: Oxford Resource Partners 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, Ossen Innovation ( OSN) was up $0.02 (2.3%) to $0.88 on light volume. Throughout the day, 11,619 shares of Ossen Innovation exchanged hands as compared to its average daily volume of 24,100 shares. The stock ranged in a price between $0.88-$0.91 after having opened the day at $0.91 as compared to the previous trading day's close of $0.86.

Ossen Innovation Co., Ltd. manufactures and sells various plain surface prestressed steel materials, and rare earth coated and zinc coated prestressed steel materials in the People's Republic of China. Ossen Innovation has a market cap of $17.9 million and is part of the basic materials sector. Shares are down 27.7% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate Ossen Innovation 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.

TheStreet Ratings rates Ossen Innovation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including poor profit margins and weak operating cash flow.

Highlights from TheStreet Ratings analysis on OSN go as follows:

  • OSN's very impressive revenue growth greatly exceeded the industry average of 3.2%. Since the same quarter one year prior, revenues leaped by 92.1%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • This stock has managed to rise its share value by 40.62% over the past twelve months. Regarding the stock's future course, our hold rating indicates that we do not recommend additional investment in this stock despite its gains in the past year.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Metals & Mining industry and the overall market on the basis of return on equity, OSSEN INNOVATION CO LTD -ADR has outperformed in comparison with the industry average, but has underperformed when compared to that of the S&P 500.
  • The gross profit margin for OSSEN INNOVATION CO LTD -ADR is currently extremely low, coming in at 10.81%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of 1.71% significantly trails the industry average.
  • Net operating cash flow has significantly decreased to -$1.13 million or 112.47% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.

You can view the full analysis from the report here: Ossen Innovation 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.

Atlatsa Resources ( ATL) was another company that pushed the Metals & Mining industry higher today. Atlatsa Resources was up $0.01 (2.4%) to $0.34 on average volume. Throughout the day, 48,204 shares of Atlatsa Resources exchanged hands as compared to its average daily volume of 47,900 shares. The stock ranged in a price between $0.33-$0.35 after having opened the day at $0.35 as compared to the previous trading day's close of $0.33.

Atlatsa Resources Corporation mines, explores for, and develops platinum group metals properties in South Africa. The company primarily explores for platinum, palladium, rhodium, gold, copper, and nickel. Atlatsa Resources has a market cap of $185.7 million and is part of the basic materials sector. Shares are down 41.7% year-to-date as of the close of trading on Monday. Currently there is 1 analyst who rates Atlatsa Resources a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Atlatsa Resources as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including poor profit margins and weak operating cash flow.

Highlights from TheStreet Ratings analysis on ATL go as follows:

  • Compared to other companies in the Metals & Mining industry and the overall market, ATLATSA RESOURCES CORP's return on equity significantly exceeds that of both the industry average and the S&P 500.
  • The revenue growth came in higher than the industry average of 3.2%. Since the same quarter one year prior, revenues rose by 19.4%. This growth in revenue does not appear to have trickled down to the company's bottom line, displaying stagnant earnings per share.
  • Compared to where it was a year ago today, the stock is now trading at a higher level, regardless of the company's weak earnings results. Looking ahead, our view is that this company's fundamentals will not have much impact in either direction, allowing the stock to generally move up or down based on the push and pull of the broad market.
  • Net operating cash flow has declined marginally to -$27.73 million or 1.47% when compared to the same quarter last year. Despite a decrease in cash flow ATLATSA RESOURCES CORP is still fairing well by exceeding its industry average cash flow growth rate of -23.48%.
  • The gross profit margin for ATLATSA RESOURCES CORP is currently extremely low, coming in at 5.52%. Regardless of ATL's low profit margin, it has managed to increase from the same period last year. Despite the mixed results of the gross profit margin, ATL's net profit margin of -9.05% significantly underperformed when compared to the industry average.

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

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.

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