10 Metals & Mining Stocks to Sell Now

by Portfolio Grader | July 16, 2012 11:50 am

10 Metals & Mining Stocks to Sell Now

The overall ratings of 10 Metals & Mining stocks are down on Portfolio Grader[1] this week. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Richmont Mines (AMEX:RIC[2]) earns an F (“strong sell”) this week, falling from last week’s grade of D (“sell”). Richmont Mines owns and operates the Francoeur, Beaufor and East Amphi mines located in Quebec, the Nugget Pond and Hammerdown mines in Newfoundland, and the Island Gold Mine in Ontario. In Portfolio Grader’s specific subcategories of Earnings Growth, Earnings Momentum, Earnings Revisions, and Earnings Surprise, RIC also gets F’s. For more information, get Portfolio Grader’s complete analysis of RIC stock[3].

The rating of AngloGold Ashanti (NYSE:AU[4]) slips from a C (“hold”) to a D (“sell”). AngloGold Ashanti mines, extracts, and produces gold, especially in South Africa. The stock also gets an F in Earnings Momentum. For more information, get Portfolio Grader’s complete analysis of AU stock[5].

Seabridge Gold (NYSE:SA[6]) is having a rough week. The company’s rating falls from a D to an F rating. Seabridge Gold acquires gold projects in North America. The stock gets F’s in Earnings Revisions, Equity, and Cash Flow. For more information, get Portfolio Grader’s complete analysis of SA stock[7].

The rating of Globe Specialty Metals (NASDAQ:GSM[8]) slips from D to an F. Globe Specialty Metals produces silicon metal and silicon-based alloys, which are used in a variety of industrial and consumer products. The stock gets F’s in Earnings Momentum and Earnings Surprise. For more information, get Portfolio Grader’s complete analysis of GSM stock[9].

This week, Paramount Gold & Silver (AMEX:PZG[10]) drops from a C to a D rating. Paramount Gold & Silver explores for precious metals in Mexico. The stock also gets an F in Equity. As of July 16, 11.4% of outstanding Paramount Gold & Silver shares were held short. For more information, get Portfolio Grader’s complete analysis of PZG stock[11].

The rating of Augusta Resource (AMEX:AZC[12]) declines this week from a D to an F. Augusta Resources engages in the acquisition, exploration, and development of natural mineral resource properties in North America. The stock gets F’s in Earnings Growth, Earnings Momentum, and Earnings Revisions. Equity and Cash Flow also get F’s. The stock has a trailing PE Ratio of 32.4. For more information, get Portfolio Grader’s complete analysis of AZC stock[13].

This is a rough week for Midway Gold Corp. (AMEX:MDW[14]). The company’s rating falls to D from the previous week’s C. Midway Gold explores and develops mineral resource properties. The stock gets F’s in Earnings Revisions, Equity, and Cash Flow. For more information, get Portfolio Grader’s complete analysis of MDW stock[15].

Louis Navellier’s proprietary Portfolio Grader[16] stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here[17].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. RIC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=RIC
  3. For more information, get Portfolio Grader’s complete analysis of RIC stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=RIC
  4. AU: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=AU
  5. For more information, get Portfolio Grader’s complete analysis of AU stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=AU
  6. SA: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SA
  7. For more information, get Portfolio Grader’s complete analysis of SA stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SA
  8. GSM: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GSM
  9. For more information, get Portfolio Grader’s complete analysis of GSM stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GSM
  10. PZG: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PZG
  11. For more information, get Portfolio Grader’s complete analysis of PZG stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PZG
  12. AZC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=AZC
  13. For more information, get Portfolio Grader’s complete analysis of AZC stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=AZC
  14. MDW: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MDW
  15. For more information, get Portfolio Grader’s complete analysis of MDW stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MDW
  16. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  17. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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