10 Worst “Strong Sell” Stocks This Week — EGO ABX NG and more

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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 rose 10.9%, the Dow increased 13.2%, and the S&P has increased 12.1%.

Shares of Eldorado Gold (NYSE:EGO) have slipped 51.2% since January 1. Eldorado Gold acquires, explores, and develops mineral properties. For more information, get Portfolio Grader’s complete analysis of EGO stock.

Share prices of Barrick Gold (NYSE:ABX) are down 53% since the first of the year. Barrick Gold makes and sells gold, and is involved with related activities such as exploration and mine development. For more information, get Portfolio Grader’s complete analysis of ABX stock.

Since the first of the year, NovaGold Resources (AMEX:NG) has dipped 53.3%. NovaGold Resources explores and develops mineral properties in North America. The stock has a trailing PE Ratio of 41.40. For more information, get Portfolio Grader’s complete analysis of NG stock.

Shares of Cliffs Natural Resources (NYSE:CLF) have slumped 54% since the first of the year. Cliffs Natural Resources is an international mining and natural resources company. As of July 3, 2013, 31.7% of outstanding Cliffs Natural Resources shares were held short. For more information, get Portfolio Grader’s complete analysis of CLF stock.

Shares of Harmony Gold Mining (NYSE:HMY) have sunk 54.2% 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.

Since the first of the year, Gold Fields (NYSE:GFI) has dipped 55.5%. 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.

Shares of Mechel (NYSE:MTL) have slumped 56.1% 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.

The price of Endeavour Silver (NYSE:EXK) has fallen 56.4% since the first of the year. Endeavor Silver is a small-cap silver mining company focused on the growth of its silver production, reserves and resources in Mexico. For more information, get Portfolio Grader’s complete analysis of EXK stock.

Since the first of the year, IAMGOLD Corp. (NYSE:IAG) has tumbled 61.6%. 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 Walter Energy Inc. (NYSE:WLT) have dipped 69.6% since the first of the year. Walter Energy is a producer and exporter of metallurgical coal for the global steel industry. As of July 3, 2013, 13.3% of outstanding Walter Energy Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of WLT 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, https://investorplace.com/2013/07/10-worst-strong-sell-stocks-this-week-ego-abx-ng-and-more-ego-abx-ng-clf-hmy-gfi-mtl-exk-iag-wlt/.

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