3 Stocks Pushing The Basic Materials Sector 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 Basic Materials sector as a whole closed the day down 2.6% versus the S&P 500, which was down 0.3%. Laggards within the Basic Materials sector included Sonde Resources ( SOQ), down 4.8%, Entree Gold ( EGI), down 7.0%, Timberline Resources ( TLR), down 2.7%, Alderon Iron Ore ( AXX), down 5.8% and PostRock Energy ( PSTR), down 13.5%.

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

Timberline Resources ( TLR) is one of the companies that pushed the Basic Materials sector lower today. Timberline Resources was down $0.02 (2.7%) to $0.73 on light volume. Throughout the day, 13,688 shares of Timberline Resources exchanged hands as compared to its average daily volume of 19,700 shares. The stock ranged in price between $0.65-$0.73 after having opened the day at $0.70 as compared to the previous trading day's close of $0.75.

Timberline Resources has a market cap of $4.9 million and is part of the energy industry. Shares are down 64.3% 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.

At the close, Entree Gold ( EGI) was down $0.02 (7.0%) to $0.20 on light volume. Throughout the day, 21,047 shares of Entree Gold exchanged hands as compared to its average daily volume of 58,900 shares. The stock ranged in price between $0.20-$0.21 after having opened the day at $0.21 as compared to the previous trading day's close of $0.22.

Entree Gold has a market cap of $31.9 million and is part of the energy industry. Shares are down 23.2% 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.

Sonde Resources ( SOQ) was another company that pushed the Basic Materials sector lower today. Sonde Resources was down $0.00 (4.8%) to $0.07 on heavy volume. Throughout the day, 153,960 shares of Sonde Resources exchanged hands as compared to its average daily volume of 49,000 shares. The stock ranged in price between $0.06-$0.07 after having opened the day at $0.07 as compared to the previous trading day's close of $0.07.

Sonde Resources has a market cap of $3.9 million and is part of the energy industry. Shares are down 89.9% 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.

More from Markets

Global Stocks Mixed, U.S. Futures Soften as Earnings, Oil, Rates Cloud Sentiment

Global Stocks Mixed, U.S. Futures Soften as Earnings, Oil, Rates Cloud Sentiment

Deutsche Bank Plans 'Significant' Job Cuts as Q1 Profits Slump

Deutsche Bank Plans 'Significant' Job Cuts as Q1 Profits Slump

Samsung Posts Record Q1 But Adds Cautious Voice To Smartphone Demand Forecasts

Samsung Posts Record Q1 But Adds Cautious Voice To Smartphone Demand Forecasts

Boeing Is Back to Cruising Altitude; GM Gets Assist From Amazon -- ICYMI

Boeing Is Back to Cruising Altitude; GM Gets Assist From Amazon -- ICYMI

Investors Shouldn't Be Worried About Trump's Trade Tariffs: Ian Bremmer

Investors Shouldn't Be Worried About Trump's Trade Tariffs: Ian Bremmer