by Portfolio Grader | November 12, 2012 10:04 am
For the current week, the overall ratings of eight Metals and Mining stocks are worse, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
IAMGOLD Corp.‘s (NYSE:IAG) rating falls this week to a F (“strong sell”), down from last week’s D (“sell”). Iamgold is involved in the exploration for, and development and production of mineral resource properties throughout the world. To get an in-depth look at IAG, get Portfolio Grader’s complete analysis of IAG stock.
Mountain Province Diamonds‘ (AMEX:MDM) rating falls to a D (“sell”) this week, down from C (“hold”) the week prior. Mountain Province Diamonds explores and develops diamond properties. The stock also gets an F in Equity. For a full analysis of MDM stock, visit Portfolio Grader.
Barrick Gold (NYSE:ABX) experiences a ratings drop this week, going from last week’s D to a F. Barrick Gold makes and sells gold, and is involved with related activities such as exploration and mine development. The stock also gets an F in Earnings Surprise. The stock price has fallen 9.6% over the past month, worse than the 3.7% decrease the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of ABX stock.
Slipping from a C to a D rating, Hecla Mining (NYSE:HL) takes a hit this week. Hecla Mining explores, develops, and mines precious metals, gold, and silver. The stock receives F’s in Earnings Growth, Earnings Momentum, and Earnings Revisions. Earnings Surprise and Sales Growth also get F’s. Investors seem to agree with the downgrade and have pushed down the share price 9% over the past month. The stock currently has a trailing PE Ratio of 54.90. For a full analysis of HL stock, visit Portfolio Grader.
The rating of Teck Resources (NYSE:TCK) declines this week from a D to a F. Teck Cominco explores for and develops natural resources, witha focus on copper, metallurgical coal, zinc, gold and energy. In Earnings Growth, Earnings Momentum, Earnings Revisions, and Sales Growth the stock gets F’s. To get an in-depth look at TCK, get Portfolio Grader’s complete analysis of TCK stock.
This week, International Tower Hill Mines‘ (AMEX:THM) rating worsens to a F from the company’s D rating a week ago. International Tower Hill Mines acquires, explores, and evaluates mineral properties. For more information, get Portfolio Grader’s complete analysis of THM stock.
Taseko Mines (AMEX:TGB) gets weaker ratings this week as last week’s D drops to a F. Taseko Mines explores for and mines copper and molybdenum. The stock gets F’s in Earnings Growth, Earnings Revisions, and Equity. Cash Flow, Margin Growth, and Sales Growth also get F’s. To get an in-depth look at TGB, get Portfolio Grader’s complete analysis of TGB stock.
Alderon Iron Ore Corp‘s (AMEX:AXX) rating weakens this week, dropping to a F versus last week’s D. Alderon Iron Ore Corp. is a development stage company, engaged in acquisition, exploration and development of mineral properties. The stock gets F’s in Equity and Cash Flow. For a full analysis of AXX stock, visit Portfolio Grader.
Louis Navellier’s proprietary Portfolio Grader 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.
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