3 Stocks Pushing The Metals & Mining Industry Lower

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.

The Metals & Mining industry as a whole closed the day down 0.1% versus the S&P 500, which was down 0.2%. Laggards within the Metals & Mining industry included Timberline Resources ( TLR), down 3.2%, Sutor Technology Group ( SUTR), down 2.6%, China Natural Resources ( CHNR), down 2.6%, Exeter Resource ( XRA), down 2.9% and Silver Bull Resources ( SVBL), down 2.3%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today:

Exeter Resource ( XRA) is one of the companies that pushed the Metals & Mining industry lower today. Exeter Resource was down $0.02 (2.9%) to $0.67 on average volume. Throughout the day, 155,213 shares of Exeter Resource exchanged hands as compared to its average daily volume of 143,100 shares. The stock ranged in price between $0.67-$0.70 after having opened the day at $0.70 as compared to the previous trading day's close of $0.69.

Exeter Resource has a market cap of $58.3 million and is part of the basic materials sector. Shares are up 30.2% year-to-date as of the close of trading on Wednesday.

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At the close, Sutor Technology Group ( SUTR) was down $0.02 (2.6%) to $0.75 on average volume. Throughout the day, 76,318 shares of Sutor Technology Group exchanged hands as compared to its average daily volume of 58,600 shares. The stock ranged in price between $0.73-$0.77 after having opened the day at $0.74 as compared to the previous trading day's close of $0.77.

Sutor Technology Group Limited, through its subsidiaries, manufactures and sells finished steel products in the People's Republic of China. Sutor Technology Group has a market cap of $31.2 million and is part of the basic materials sector. Shares are down 57.9% year-to-date as of the close of trading on Wednesday.

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TheStreet Ratings rates Sutor Technology Group as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and a generally disappointing performance in the stock itself.

Highlights from TheStreet Ratings analysis on SUTR go as follows:

  • Net operating cash flow has significantly increased by 196.77% to $16.29 million when compared to the same quarter last year. In addition, SUTOR TECHNOLOGY GROUP LTD has also vastly surpassed the industry average cash flow growth rate of -8.77%.
  • 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, SUTOR TECHNOLOGY GROUP LTD 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 SUTOR TECHNOLOGY GROUP LTD is currently extremely low, coming in at 9.97%. Regardless of SUTR's low profit margin, it has managed to increase from the same period last year. Despite the mixed results of the gross profit margin, SUTR's net profit margin of 1.15% is significantly lower than the industry average.
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Metals & Mining industry. The net income has significantly decreased by 71.3% when compared to the same quarter one year ago, falling from $3.88 million to $1.11 million.

You can view the full analysis from the report here: Sutor Technology Group Ratings Report

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Timberline Resources ( TLR) was another company that pushed the Metals & Mining industry lower today. Timberline Resources was down $0.00 (3.2%) to $0.09 on heavy volume. Throughout the day, 527,513 shares of Timberline Resources exchanged hands as compared to its average daily volume of 120,100 shares. The stock ranged in price between $0.09-$0.10 after having opened the day at $0.09 as compared to the previous trading day's close of $0.10.

Timberline Resources has a market cap of $7.5 million and is part of the basic materials sector. Shares are down 45.8% year-to-date as of the close of trading on Wednesday.

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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