3 Stocks Pulling The Metals & Mining Industry Downward

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 8 points (0.0%) at 17,223 as of Tuesday, Oct. 20, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,678 issues advancing vs. 1,268 declining with 204 unchanged.

The Metals & Mining industry currently sits up 0.8% versus the S&P 500, which is up 1657.1%. Top gainers within the industry include Yamana Gold ( AUY), up 8.8%, Tahoe Resources ( TAHO), up 7.3%, Eldorado Gold ( EGO), up 6.7%, Anglogold Ashanti ( AU), up 3.9% and Randgold Resources ( GOLD), up 3.5%.

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

3. ArcelorMittal ( MT) is one of the companies pushing the Metals & Mining industry lower today. As of noon trading, ArcelorMittal is down $0.16 (-2.6%) to $5.97 on average volume. Thus far, 3.9 million shares of ArcelorMittal exchanged hands as compared to its average daily volume of 8.8 million shares. The stock has ranged in price between $5.91-$6.04 after having opened the day at $5.91 as compared to the previous trading day's close of $6.13.

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ArcelorMittal, together with its subsidiaries, operates as an integrated steel and mining company worldwide. The company operates through five segments: NAFTA; Europe; Brazil and Neighboring Countries (Brazil); Africa & Commonwealth of Independent States (ACIS); and Mining. ArcelorMittal has a market cap of $10.6 billion and is part of the basic materials sector. Shares are down 44.4% year-to-date as of the close of trading on Monday. Currently there are 4 analysts that rate ArcelorMittal a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates ArcelorMittal as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, poor profit margins, weak operating cash flow, generally disappointing historical performance in the stock itself and generally high debt management risk. Get the full ArcelorMittal Ratings Report now.

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2. As of noon trading, Tenaris ( TS) is down $0.58 (-2.2%) to $26.14 on heavy volume. Thus far, 2.5 million shares of Tenaris exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $26.14-$26.74 after having opened the day at $26.37 as compared to the previous trading day's close of $26.72.

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Tenaris S.A., through its subsidiaries, manufactures and supplies steel pipe products and related services for the energy and other industrial applications. Tenaris has a market cap of $16.6 billion and is part of the basic materials sector. Shares are down 11.6% year-to-date as of the close of trading on Monday. Currently there are 2 analysts that rate Tenaris a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Tenaris as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. Get the full Tenaris Ratings Report now.

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1. As of noon trading, Vale ( VALE) is down $0.14 (-3.0%) to $4.46 on average volume. Thus far, 11.5 million shares of Vale exchanged hands as compared to its average daily volume of 26.2 million shares. The stock has ranged in price between $4.46-$4.56 after having opened the day at $4.55 as compared to the previous trading day's close of $4.60.

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Vale S.A., together with its subsidiaries, engages in the research, production, and sale of iron ore and pellets, nickel, fertilizer, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally. Vale has a market cap of $24.7 billion and is part of the basic materials sector. Shares are down 43.8% year-to-date as of the close of trading on Monday. Currently there are 2 analysts that rate Vale a buy, 6 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Vale as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself. Get the full Vale Ratings Report now.

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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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