3 Metals & Mining Stocks Pushing Industry Growth

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 59 points (0.3%) at 18,083 as of Monday, May 4, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,918 issues advancing vs. 1,077 declining with 158 unchanged.

The Metals & Mining industry currently sits up 0.3% versus the S&P 500, which is up 0.4%. A company within the industry that fell today was Alcoa ( AA), up 0.7%.

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

3. Silver Wheaton ( SLW) is one of the companies pushing the Metals & Mining industry higher today. As of noon trading, Silver Wheaton is up $0.28 (1.4%) to $20.45 on average volume. Thus far, 1.9 million shares of Silver Wheaton exchanged hands as compared to its average daily volume of 4.2 million shares. The stock has ranged in price between $20.39-$20.77 after having opened the day at $20.53 as compared to the previous trading day's close of $20.17.

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Silver Wheaton Corp. operates as a precious metals streaming company worldwide. The company has 18 long-term purchase agreements and 1 early deposit long-term purchase agreement associated with silver and gold relating to 27 various mining assets. Silver Wheaton has a market cap of $8.0 billion and is part of the basic materials sector. Shares are down 0.8% year-to-date as of the close of trading on Friday. Currently there are 12 analysts who rate Silver Wheaton a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Silver Wheaton 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 expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, premium valuation and weak operating cash flow. Get the full Silver Wheaton Ratings Report now.

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