3 Metals & Mining Stocks Nudging The Industry Higher

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 41 points (0.2%) at 17,692 as of Thursday, May 5, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,523 issues advancing vs. 1,363 declining with 169 unchanged. The Metals & Mining industry currently sits up 0.2% versus the S&P 500, which is up 0.2%. Top gainers within the industry include Yamana Gold ( AUY), up 6.9%, and Anglogold Ashanti ( AU), up 4.0%. On the negative front, top decliners within the industry include POSCO ( PKX), down 1.2%, and Southern Copper ( SCCO), down 0.8%. TheStreet would like to highlight 3 stocks pushing the industry higher today: 3. Agnico Eagle Mines ( AEM) is one of the companies pushing the Metals & Mining industry higher today. As of noon trading, Agnico Eagle Mines is up $0.93 (2.1%) to $44.73 on average volume. Thus far, 1.4 million shares of Agnico Eagle Mines exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $44.41-$45.38 after having opened the day at $44.53 as compared to the previous trading day's close of $43.80. 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. Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Finland, and Mexico. It operates through three segments: Northern Business, Southern Business, and Exploration. Agnico Eagle Mines has a market cap of $10.1 billion and is part of the basic materials sector. Shares are up 66.7% year-to-date as of the close of trading on Wednesday. Currently there are 6 analysts who rate Agnico Eagle Mines a buy, no analysts rate it a sell, and 6 rate it a hold. TheStreet Ratings rates Agnico Eagle Mines as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we find that the stock itself is trading at a premium valuation. Get the full Agnico Eagle Mines Ratings Report now. 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.

2. As of noon trading, Newmont Mining ( NEM) is up $0.29 (0.9%) to $32.64 on light volume. Thus far, 3.3 million shares of Newmont Mining exchanged hands as compared to its average daily volume of 10.0 million shares. The stock has ranged in price between $32.37-$33.30 after having opened the day at $32.76 as compared to the previous trading day's close of $32.35. 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. Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. It primarily acquires, develops, explores for, and produces gold, silver, and copper. Newmont Mining has a market cap of $17.9 billion and is part of the basic materials sector. Shares are up 79.8% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts who rate Newmont Mining a buy, no analysts rate it a sell, and 8 rate it a hold. TheStreet Ratings rates Newmont Mining as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, 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 disappointing return on equity, weak operating cash flow and feeble growth in the company's earnings per share. Get the full Newmont Mining Ratings Report now. 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.

1. As of noon trading, Barrick Gold ( ABX) is up $0.21 (1.2%) to $17.67 on average volume. Thus far, 10.4 million shares of Barrick Gold exchanged hands as compared to its average daily volume of 22.4 million shares. The stock has ranged in price between $17.66-$18.19 after having opened the day at $17.81 as compared to the previous trading day's close of $17.46. 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. Barrick Gold Corporation produces and sells gold and copper. The company is also involved in exploration and mine development activities. Barrick Gold has a market cap of $21.4 billion and is part of the basic materials sector. Shares are up 136.6% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts who rate Barrick Gold a buy, 1 analyst rates it a sell, and 8 rate it a hold. TheStreet Ratings rates Barrick Gold as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full Barrick Gold Ratings Report now. 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. 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).