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.

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%. On the negative front, top decliners within the industry include Companhia Siderurgica Nacional ( SID), down 1.8%, and Franco-Nevada ( FNV), down 1.4%. Top gainers within the industry include Turquoise Hill Resources ( TRQ), up 4.0%, POSCO ( PKX), up 1.5% and Tenaris ( TS), up 0.8%.

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

3. Barrick Gold ( ABX) is one of the companies pushing the Metals & Mining industry lower today. As of noon trading, Barrick Gold is down $0.18 (-1.1%) to $16.68 on average volume. Thus far, 4.9 million shares of Barrick Gold exchanged hands as compared to its average daily volume of 9.0 million shares. The stock has ranged in price between $16.56-$16.96 after having opened the day at $16.73 as compared to the previous trading day's close of $16.86.

Barrick Gold Corporation produces and sells gold and copper. It is also involved in exploration and mine development activities. Barrick Gold has a market cap of $19.5 billion and is part of the basic materials sector. Shares are down 4.4% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts that rate Barrick Gold a buy, 1 analyst rates it a sell, and 14 rate it a hold.

TheStreet Ratings rates Barrick Gold as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally disappointing historical performance in the stock itself. Get the full Barrick 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, Newmont Mining ( NEM) is down $0.35 (-1.4%) to $25.24 on average volume. Thus far, 3.3 million shares of Newmont Mining exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $24.92-$25.50 after having opened the day at $25.41 as compared to the previous trading day's close of $25.59.

Newmont Mining Corporation, together with its subsidiaries, acquires, explores for, and produces gold, copper, and silver deposits. The company's assets or operations are located in the United States, Australia, Peru, Indonesia, Ghana, New Zealand, Mexico, and Suriname. Newmont Mining has a market cap of $12.7 billion and is part of the basic materials sector. Shares are up 11.1% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts that rate Newmont Mining a buy, 4 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Newmont Mining as a sell. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself. Get the full Newmont Mining 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, Alcoa ( AA) is down $0.11 (-0.7%) to $16.79 on average volume. Thus far, 6.5 million shares of Alcoa exchanged hands as compared to its average daily volume of 15.1 million shares. The stock has ranged in price between $16.70-$16.98 after having opened the day at $16.98 as compared to the previous trading day's close of $16.90.

Alcoa Inc. produces and manages primary aluminum, fabricated aluminum, and alumina. The company operates in four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions. Alcoa has a market cap of $20.2 billion and is part of the basic materials sector. Shares are up 59.0% year-to-date as of the close of trading on Thursday. Currently there are 7 analysts that rate Alcoa a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Alcoa as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, growth in earnings per share 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 Alcoa 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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