All three major indices traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 242 points (1.4%) at 17,615 as of Monday, Aug. 10, 2015, 4:20 PM ET. The NYSE advances/declines ratio sits at 2,351 issues advancing vs. 737 declining with 111 unchanged.

The Metals & Mining industry as a whole closed the day up 5.2% versus the S&P 500, which was up 1.3%. Top gainers within the Metals & Mining industry included India Globalization Capital ( IGC), up 33.3%, Sutor Technology Group ( TOR), up 2.6%, Entree Gold ( EGI), up 11.2%, General Steel Holdings ( GSI), up 16.4% and Eurasian Minerals ( EMXX), up 8.7%.

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

General Steel Holdings ( GSI) is one of the companies that pushed the Metals & Mining industry higher today. General Steel Holdings was up $0.10 (16.4%) to $0.71 on heavy volume. Throughout the day, 111,875 shares of General Steel Holdings exchanged hands as compared to its average daily volume of 27,800 shares. The stock ranged in a price between $0.62-$0.75 after having opened the day at $0.62 as compared to the previous trading day's close of $0.61.

General Steel Holdings, Inc., through its subsidiaries, manufactures and sells steel products in the People's Republic of China. General Steel Holdings has a market cap of $39.1 million and is part of the basic materials sector. Shares are down 7.6% year-to-date as of the close of trading on Friday. Currently there are no analysts who rate General Steel Holdings a buy, no analysts rate it a sell, and none rate it a hold.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreet Ratings rates General Steel Holdings 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.

Highlights from TheStreet Ratings analysis on GSI go as follows:

  • Net operating cash flow has significantly decreased to -$40.95 million or 162.49% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • GSI's stock share price has done very poorly compared to where it was a year ago: Despite any rallies, the net result is that it is down by 38.84%, which is also worse that the performance of the S&P 500 Index. Investors have so far failed to pay much attention to the earnings improvements the company has managed to achieve over the last quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
  • The change in net income from the same quarter one year ago has exceeded that of the S&P 500 and greatly outperformed compared to the Metals & Mining industry average. The net income has decreased by 3.6% when compared to the same quarter one year ago, dropping from -$43.56 million to -$45.15 million.
  • GSI, with its decline in revenue, underperformed when compared the industry average of 16.2%. Since the same quarter one year prior, revenues fell by 44.8%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
  • GENERAL STEEL HOLDINGS INC has improved earnings per share by 6.4% in the most recent quarter compared to the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past 2 years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, GENERAL STEEL HOLDINGS INC reported poor results of -$0.88 versus -$0.59 in the prior year.

You can view the full analysis from the report here: General Steel Holdings Ratings Report

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

At the close, Entree Gold ( EGI) was up $0.03 (11.2%) to $0.29 on light volume. Throughout the day, 18,775 shares of Entree Gold exchanged hands as compared to its average daily volume of 56,500 shares. The stock ranged in a price between $0.25-$0.29 after having opened the day at $0.28 as compared to the previous trading day's close of $0.26.

Entree Gold has a market cap of $36.8 million and is part of the basic materials sector. Shares are up 51.7% year-to-date as of the close of trading on Friday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

India Globalization Capital ( IGC) was another company that pushed the Metals & Mining industry higher today. India Globalization Capital was up $0.06 (33.3%) to $0.26 on heavy volume. Throughout the day, 96,431 shares of India Globalization Capital exchanged hands as compared to its average daily volume of 29,000 shares. The stock ranged in a price between $0.16-$0.26 after having opened the day at $0.16 as compared to the previous trading day's close of $0.19.

India Globalization Capital, Inc., through its subsidiaries, engages in trading electronics; and the rental of heavy equipment in Hong Kong and India. India Globalization Capital has a market cap of $3.6 million and is part of the basic materials sector. Shares are down 71.5% year-to-date as of the close of trading on Friday. Currently there are no analysts who rate India Globalization Capital a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates India Globalization Capital as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself.

Highlights from TheStreet Ratings analysis on IGC go as follows:

  • The company, on the basis of change in net income from the same quarter one year ago, has underperformed when compared to that of the S&P 500 and greatly underperformed compared to the Electronic Equipment, Instruments & Components industry average. The net income has significantly decreased by 31.0% when compared to the same quarter one year ago, falling from -$1.46 million to -$1.92 million.
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Electronic Equipment, Instruments & Components industry and the overall market, INDIA GLOBALIZATION CAPITAL's return on equity significantly trails that of both the industry average and the S&P 500.
  • The gross profit margin for INDIA GLOBALIZATION CAPITAL is currently extremely low, coming in at 5.41%. It has decreased significantly from the same period last year. Along with this, the net profit margin of -85.01% is significantly below that of the industry average.
  • IGC's stock share price has done very poorly compared to where it was a year ago: Despite any rallies, the net result is that it is down by 70.74%, which is also worse that the performance of the S&P 500 Index. Investors have so far failed to pay much attention to the earnings improvements the company has managed to achieve over the last quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
  • IGC's debt-to-equity ratio is very low at 0.22 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Although the company had a strong debt-to-equity ratio, its quick ratio of 0.74 is somewhat weak and could be cause for future problems.

You can view the full analysis from the report here: India Globalization Capital Ratings Report

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

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.