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10 Worst “Strong Sell” Stocks This Week — EGO GFI MCP and more

Portfolio Grader gives these picks failing marks

   

This week, these ten stocks have the worst year-to-date performance. Each of these also rates an “F” (“strong sell”) on Portfolio Grader. Since the beginning of the year, the Nasdaq increased 9.7%, the Dow increased 12.6%, and the S&P has risen 11.6%.

Since the first of the year, Eldorado Gold (NYSE:EGO) has tumbled 40.9%. Eldorado Gold acquires, explores, and develops mineral properties. For more information, get Portfolio Grader’s complete analysis of EGO stock.

Since the first of the year, the price of Gold Fields (NYSE:GFI) is down 41.2%. 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.

The price of Molycorp (NYSE:MCP) is down 41.4% since the first of the year. 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 May 9, 2013, 24.1% of outstanding Molycorp shares were held short. For more information, get Portfolio Grader’s complete analysis of MCP stock.

Since January 1, Silvercorp Metals (NYSE:SVM) has plunged 42%. 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.

Shares of Cliffs Natural Resources (NYSE:CLF) have dipped 43.8% since the first of the year. Cliffs Natural Resources is an international mining and natural resources company. As of May 9, 2013, 23.8% of outstanding Cliffs Natural Resources shares were held short. For more information, get Portfolio Grader’s complete analysis of CLF stock.

Since the first of the year, NovaGold Resources (AMEX:NG) has dipped 44.4%. NovaGold Resources explores and develops mineral properties in North America. The stock has a trailing PE Ratio of 40.80. For more information, get Portfolio Grader’s complete analysis of NG stock.

Shares of Harmony Gold Mining (NYSE:HMY) have slumped 48.2% since January 1. 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.

Share prices of Walter Energy Inc. (NYSE:WLT) are down 49.1% since the first of the year. Walter Energy is a producer and exporter of metallurgical coal for the global steel industry. As of May 9, 2013, 13.3% of outstanding Walter Energy Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of WLT stock.

Since January 1, IAMGOLD Corp. (NYSE:IAG) has fallen 50%. 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.

Shares of Banro Corp. (AMEX:BAA) have slipped 59.3% since January 1. 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.

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.


Article printed from InvestorPlace Media, http://investorplace.com/2013/05/10-worst-strong-sell-stocks-this-week-ego-gfi-mcp-and-more-ego-gfi-mcp-svm-clf-ng-hmy-wlt-iag-baa/.

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