7 Metals and Mining Stocks to Sell Now

by Portfolio Grader | November 19, 2012 11:06 am

This week, the ratings of seven Metals and Mining stocks on Portfolio Grader[1] are down. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Noranda Aluminum‘s (NYSE:NOR[2]) rating falls this week to a F (“strong sell”), down from last week’s D (“sell”). Noranda Aluminum Holding is a North American integrated producer of value-added primary aluminum products and high quality rolled aluminum coils. In Portfolio Grader’s specific subcategories of Earnings Growth, Earnings Revisions, Cash Flow, and Sales Growth, NOR also gets F’s. The stock price has dropped 17.7% over the past month, worse than the 6.9% decrease the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of NOR stock[3].

IAMGOLD Corp. (NYSE:IAG[4]) experiences a ratings drop this week, going from last week’s D to a F. Iamgold is involved in the exploration for, and development and production of mineral resource properties throughout the world. The stock gets F’s in Earnings Surprise and Sales Growth. Wall Street appears to agree with the stock downgrade, with share prices dropping 25.3% over the past month. To get an in-depth look at IAG, get Portfolio Grader’s complete analysis of IAG stock[5].

Banro Corp. (AMEX:BAA[6]) is on the decline this week, earning a D (“sell”) after receiving a C (“hold”) last week. Banro Corporation is engaged in the exploration and development of four gold properties, which are known as Twangiza, Namoya, Lugushwa and Kamituga. The stock gets F’s in Earnings Revisions, Equity, and Cash Flow. For a full analysis of BAA stock, visit Portfolio Grader[7].

General Moly‘s (AMEX:GMO[8]) rating weakens this week, dropping to a D versus last week’s C. General Moly develops, explores, and mines molybdenum minerals in the United States. The stock also gets an F in Equity. For more information, get Portfolio Grader’s complete analysis of GMO stock[9].

This week, NovaGold Resources‘s (AMEX:NG[10]) rating worsens to a F from the company’s D rating a week ago. NovaGold Resources explores and develops mineral properties in North America. The stock gets F’s in Earnings Revisions, Equity, and Sales Growth. The stock has a trailing PE Ratio of 206.50. For a full analysis of NG stock, visit Portfolio Grader[11].

McEwen Mining (NYSE:MUX[12]) gets weaker ratings this week as last week’s C drops to a D. McEwen Mining explores for, develops, and produces mineral properties. The stock gets F’s in Earnings Revisions and Equity. Investors seem to agree with the downgrade and have pushed down the share price 25.9% over the past month. To get an in-depth look at MUX, get Portfolio Grader’s complete analysis of MUX stock[13].

Great Northern Iron Ore Properties‘ (NYSE:GNI[14]) rating weakens this week, dropping to a D versus last week’s C. Great Northern Iron Ore is a conventional nonvoting trust. The stock also rates an F in Sales Growth. For more information, get Portfolio Grader’s complete analysis of GNI stock[15].

Louis Navellier’s proprietary Portfolio Grader[1] 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[16].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. NOR: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NOR
  3. For more information, get Portfolio Grader’s complete analysis of NOR stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NOR
  4. IAG: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=IAG
  5. To get an in-depth look at IAG, get Portfolio Grader’s complete analysis of IAG stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=IAG
  6. BAA: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BAA
  7. For a full analysis of BAA stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BAA
  8. GMO: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GMO
  9. For more information, get Portfolio Grader’s complete analysis of GMO stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GMO
  10. NG: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NG
  11. For a full analysis of NG stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NG
  12. MUX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MUX
  13. To get an in-depth look at MUX, get Portfolio Grader’s complete analysis of MUX stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MUX
  14. GNI: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GNI
  15. For more information, get Portfolio Grader’s complete analysis of GNI stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GNI
  16. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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