by Portfolio Grader | January 27, 2014 9:45 am
The ratings of 10 metals and mining stocks are down this week, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
North American Palladium (PAL) ratings are on the decline this week as the company earns an F (“strong sell”). Last week, it received a D (“sell”). North American Palladium is a mineral exploration and production company. In Portfolio Grader’s specific subcategories of Earnings Revisions, Equity and Cash Flow, PAL also gets an F. For a full analysis of PAL stock, visit Portfolio Grader.
This week, SilverCrest Mines Inc. (SVLC) falls to a D (“sell”), worse than last week’s grade of C (“hold”). The company’s main focus is the acquisition, exploration and development of mineral properties in Mexico and Central America.The stock gets F’s in Cash Flow and Sales Growth. For more information, get Portfolio Grader’s complete analysis of SVLC stock.
Allegheny Technologies Incorporated’s (ATI) rating weakens this week, dropping to an F versus last week’s D. Allegheny Technologies produces specialty metals such as titanium alloys and superalloys. The stock rates an F in Earnings Growth, Earnings Momentum and Earnings Revisions. Cash Flow, Margin Growth and Sales Growth also get F’s. Shares of the stock have been changing hands at an unusually rapid pace, three times the rate of the week prior. For a full analysis of ATI stock, visit Portfolio Grader.
Mesabi Trust (MSB) gets weaker ratings this week as last week’s C drops to a D. Mesabi Trust operates as a grantor trust in the United States. The stock also gets an F in Sales Growth. Shares of the stock have been trading at an exceptionally rapid pace, up threefold from the week prior. For more information, get Portfolio Grader’s complete analysis of MSB stock.
Slipping from a D to an F rating, Schnitzer Steel Industries, Inc. Class A (SCHN) takes a hit this week. Schnitzer Steel Industries is a recycler of ferrous and nonferrous scrap metal, a recycler of used and salvaged vehicles and a manufacturer of finished steel products. The stock gets F’s in Earnings Momentum, Earnings Revisions, Cash Flow and Margin Growth. The stock price has fallen 9.3% over the past month, worse than the 1.3% decrease the Nasdaq has seen over the same period of time. As of Jan. 27, 2014, 10.1% of outstanding Schnitzer Steel Industries, Inc. Class A shares were held short. To get an in-depth look at SCHN, get Portfolio Grader’s complete analysis of SCHN stock.
Freeport-McMoRan Copper & Gold (FCX) earns an F this week, moving down from last week’s grade of D. Freeport-McMoRan Copper & Gold is a copper, gold, and molybdenum mining company. At $32.77, the stock is below the 50-day moving average of $35.41. For more information, get Portfolio Grader’s complete analysis of FCX stock.
Steel Dynamics, Inc. (STLD) experiences a ratings drop this week, going from last week’s C to a D. Steel Dynamics manufactures steel products and recycles metals. At $16.96, the stock is under the 50-day moving average of $18.67. For a full analysis of STLD stock, visit Portfolio Grader.
This week, Southern Copper Corporation’s (SCCO) rating worsens to an F from the company’s D rating a week ago. Southern Copper is an integrated copper producer. The stock gets F’s in Cash Flow and Sales Growth. Shares of the stock have been exchanging at an usually rapid pace, twice the rate of the week prior. To get an in-depth look at SCCO, get Portfolio Grader’s complete analysis of SCCO stock.
This is a rough week for Rio Tinto plc Sponsored ADR (RIO). The company’s rating falls to F from the previous week’s D. Rio Tinto is an international mining group whose business is finding, mining and processing mineral resources. The stock gets F’s in Earnings Growth and Margin Growth. At $51.18, the stock is below the 50-day moving average of $53.04. For a full analysis of RIO stock, visit Portfolio Grader.
This week, Keegan Resources (KGN) drops from a C to a D rating. Keegan Resources, a junior gold company, engages in the exploration and development of gold properties in Ghana, west Africa. The stock gets F’s in Equity and Cash Flow. To get an in-depth look at KGN, get Portfolio Grader’s complete analysis of KGN 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.
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