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 are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 73 points (-0.4%) at 16,976 as of Friday, Sept. 12, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 593 issues advancing vs. 2,443 declining with 112 unchanged.

The Metals & Mining industry currently sits down 0.1% versus the S&P 500, which is down 0.6%. Top gainers within the industry include Turquoise Hill Resources ( TRQ), up 4.0%, POSCO ( PKX), up 1.6% and Tenaris ( TS), up 0.9%. On the negative front, top decliners within the industry include Companhia Siderurgica Nacional ( SID), down 1.7%, and Franco-Nevada ( FNV), down 1.4%.

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

3. Eldorado Gold ( EGO) is one of the companies pushing the Metals & Mining industry higher today. As of noon trading, Eldorado Gold is up $0.12 (1.6%) to $7.70 on average volume. Thus far, 2.6 million shares of Eldorado Gold exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $7.42-$7.72 after having opened the day at $7.48 as compared to the previous trading day's close of $7.58.

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

Eldorado Gold Corporation, together with its subsidiaries, is engaged in the exploration, discovery, development, production, and reclamation of gold properties in Brazil, China, Greece, Turkey, and Romania. The company also explores for iron, silver, lead, zinc, and copper ores. Eldorado Gold has a market cap of $5.3 billion and is part of the basic materials sector. Shares are up 33.2% year-to-date as of the close of trading on Thursday. Currently there are 7 analysts who rate Eldorado Gold a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Eldorado Gold as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and generally disappointing historical performance in the stock itself. Get the full Eldorado Gold 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, Teck Resources ( TCK) is up $0.15 (0.7%) to $21.44 on average volume. Thus far, 856,265 shares of Teck Resources exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $21.13-$21.51 after having opened the day at $21.25 as compared to the previous trading day's close of $21.29.

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

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 $12.1 billion and is part of the basic materials sector. Shares are down 18.1% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts who 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.

1. As of noon trading, Southern Copper ( SCCO) is up $0.23 (0.7%) to $32.21 on average volume. Thus far, 759,021 shares of Southern Copper exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $31.74-$32.35 after having opened the day at $31.98 as compared to the previous trading day's close of $31.98.

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

Southern Copper Corporation is engaged in the mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Chile, and Ecuador. Southern Copper has a market cap of $26.3 billion and is part of the basic materials sector. Shares are up 11.4% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts who rate Southern Copper a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Southern Copper as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Southern Copper 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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