10 Worst “Strong Sell” Stocks This Week — HMY MTL SVM and more

by Portfolio Grader | April 18, 2013 3:00 pm

This week, these ten stocks have the worst year-to-date performance. Each of these also rates an “F” (“strong sell”) on Portfolio Grader[1]. Since the beginning of the year, the Nasdaq increased 3%, the Dow is up 9%, and the S&P is up 6.1%.

Shares of Harmony Gold Mining (NYSE:HMY[2]) have slumped 33.7% since the first of the year. Harmony Gold Mining is a mining company which produces gold from its operations in the district of Virginia, Orange Free State. For more information, get Portfolio Grader’s complete analysis of HMY stock[3].

Shares of Mechel (NYSE:MTL[4]) have slipped 34.8% since January 1. Mechel is a Russian metals and mining company, uniting producers of steel, rolled products, hardware, coal, iron ore concentrate, and nickel. For more information, get Portfolio Grader’s complete analysis of MTL stock[5].

Since the first of the year, Silvercorp Metals (NYSE:SVM[6]) has dipped 38%. Silvercorp Metals is involved with the acquisition, exploration and development of silver-related mineral properties in China. For more information, get Portfolio Grader’s complete analysis of SVM stock[7].

Shares of Eldorado Gold (NYSE:EGO[8]) have fallen 40.2% since January 1. Eldorado Gold acquires, explores, and develops mineral properties. For more information, get Portfolio Grader’s complete analysis of EGO stock[9].

Since the first of the year, NovaGold Resources (AMEX:NG[10]) has tumbled 42.2%. NovaGold Resources explores and develops mineral properties in North America. The stock has a trailing PE Ratio of 44.00. For more information, get Portfolio Grader’s complete analysis of NG stock[11].

Since January 1, Gold Fields (NYSE:GFI[12]) has fallen 42.9%. Gold Fields is engaged in the mining, exploration, extraction, processing, and smelting of gold. For more information, get Portfolio Grader’s complete analysis of GFI stock[13].

Since January 1, Molycorp (NYSE:MCP[14]) has plunged 44.4%. Molycorp produces rare earth products, including oxides, metals, alloys and magnets for a variety of applications including clean energy technologies, technology, and defense applications. As of April 18, 2013, 24.1% of outstanding Molycorp shares were held short. For more information, get Portfolio Grader’s complete analysis of MCP stock[15].

Share prices of Cliffs Natural Resources (NYSE:CLF[16]) are down 45.8% since the first of the year. Cliffs Natural Resources is an international mining and natural resources company. As of April 18, 2013, 22.9% of outstanding Cliffs Natural Resources shares were held short. For more information, get Portfolio Grader’s complete analysis of CLF stock[17].

Since the first of the year, IAMGOLD Corp. (NYSE:IAG[18]) has dipped 48.2%. Iamgold is involved in the exploration for, and development and production of mineral resource properties throughout the world. For more information, get Portfolio Grader’s complete analysis of IAG stock[19].

Shares of Banro Corp. (AMEX:BAA[20]) have dipped 51.9% since the first of the year. Banro Corporation is engaged in the exploration and development of four gold properties, which are known as Twangiza, Namoya, Lugushwa and Kamituga. For more information, get Portfolio Grader’s complete analysis of BAA stock[21].

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[22].

Source URL: https://investorplace.com/2013/04/10-worst-strong-sell-stocks-this-week-hmy-mtl-svm-and-more-hmy-mtl-svm-ego-ng-gfi-mcp-clf-iag-baa/

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