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 is up 13.2% and the S&P has increased 12.1%.
Shares of Endeavour Silver (EXK) have slumped 50% since January 1. 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, the price of Barrick Gold Corporation (ABX) is down 50.6%. 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.
Shares of Molycorp, Inc. (MCP) have sunk 51.5% 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 Dec. 5, 2013, 25.2% of outstanding Molycorp, Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of MCP stock.
Share prices of Eldorado Gold Corporation (EGO) are down 52% since the first of the year. Eldorado Gold acquires, explores, and develops mineral properties. The stock has a trailing PE Ratio of 26.60. For more information, get Portfolio Grader’s complete analysis of EGO stock.
Since the first of the year, Walter Energy (WLT) has dipped 58.5%. Walter Energy is a producer and exporter of metallurgical coal for the global steel industry. As of Dec. 5, 2013, 13.3% of outstanding Walter Energy shares were held short. For more information, get Portfolio Grader’s complete analysis of WLT stock.
The price of IAMGOLD Corporation (IAG) is down 60.7% since the first of the year. 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.
Since January 1, Harmony Gold Mining Co. Ltd. Sponsored ADR (HMY) has fallen 65.1%. Harmony Gold Mining is a mining company that 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.
Shares of NII Holdings, Inc. Class B (NIHD) have slumped 66.2% since the first of the year. NII Holdings provides mobile communications for business customers in Latin America. As of Dec. 5, 2013, 33.4% of outstanding NII Holdings, Inc. Class B shares were held short. For more information, get Portfolio Grader’s complete analysis of NIHD stock.
Since the first of the year, Gold Fields Limited Sponsored ADR (GFI) has tumbled 66.4%. 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 Mechel OAO Sponsored ADR (MTL) has fallen 68.2% since the first of the year. 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.
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.
