Dig Out From Under These 10 Metal and Mining Stocks

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Gold prices have kept up a slow, steady decline lately. Recently the precious metal busted through the $1,600 mark and is challenging lows now seen since July 2011. That means that many metal and mining stocks are also being held back.

I watch more than 5,000 publicly traded companies with my Portfolio Grader tool, ranking companies by a number of fundamental and quantitative measures. And this week, 10 metal and mining stocks are now priced to sell.

Here they are, in alphabetical order. Each one of these stocks gets a “D” or “F” according to my research, meaning it is a “sell” or “strong sell.”

Barrick Gold (NYSE:ABX) is engaged in the production and sale of gold in Canada. In the last year, ABX stock has posted a loss of 22%, compared to the broader markets which have posted gains. Barrick stock gets a “D” grade for earnings momentum, a “D” grade for its ability to exceed the consensus earnings estimates on Wall Street and a “D” grade for the magnitude in which earnings projections have increased over the past months in my Portfolio Grader tool. For more information, view my complete analysis of ABX stock.

Freeport-McMoRan (NYSE:FCX) is an international mining company that has posted a 29% loss since last May. Freeport-McMoRan stock gets an “F” grade for sales growth, a “D” grade for earnings growth, an “F” grade for earnings momentum and a “D” grade for the magnitude in which earnings projections have increased over the past months in my Portfolio Grader tool. For more information, view my complete analysis of CX stock.

Goldcorp  (NYSE:GG) is involved with the operation, exploration, development and acquisition of precious metal properties. In the past 12 months, GG has dropped 29%. Goldcorp stock gets a “D” grade for operating margin growth, “D” grade for earnings growth, an “F” grade for its ability to exceed the consensus earnings estimates on Wall Street and a “D” grade for the magnitude in which earnings projections have increased over the past months in my Portfolio Grader tool. For more information, view my complete analysis of GG stock.

ArcelorMittal (NYSE:MT) is involved in the mining and steel industry and posted a huge loss of 54% since this time last year. ArcelorMittal stock gets an “F” grade for operating margin growth, an “F” grade for earnings momentum, a “D” grade for the magnitude in which earnings projections have increased over the past months and a “D” grade for return on equity in my Portfolio Grader tool. For more information, view my complete analysis of MT stock.

Newmont Mining (NYSE:NEM) produces gold across the globe. NEM is down 17% in the last 52 weeks. Neumont stock gets an “F” grade for operating margin growth, an “F” grade for earnings momentum, a “D” grade for its ability to exceed the consensus earnings estimates on Wall Street, a “D” grade for the magnitude in which earnings projections have increased over the past months, an “F” grade for cash flow and a “D” grade for return on equity in my Portfolio Grader tool. For more information, view my complete analysis of NEM stock.

POSCO (NYSE:PKX) is a Korean manufacturer of steel products.  Since this time last year, PKX stock has reported a loss of 24%. POSCO stock gets a “D” grade for the magnitude in which earnings projections have increased over the past months and an “F” grade for cash flow in my Portfolio Grader tool. For more information, view my complete analysis of PKX stock.

Rio Tinto (NYSE:RIO) is involved with the exploration, development, production and processing of minerals. RIO stock is down 25% in the last year. RIO stock gets an “F” grade for its ability to exceed the consensus earnings estimates on Wall Street, a “D” grade for the magnitude in which earnings projections have increased over the past months and a “D” grade for cash flow in my Portfolio Grader tool. For more information, view my complete analysis of RIO stock.

Companhia Siderurgica Nacional (NYSE:SID) is a Brazilian company that works in the steel industry. Since last May, SID stock has dropped 43%, compared to gains by the broader markets. SID stock gets an “F” grade for sales growth, a “D” grade for the magnitude in which earnings projections have increased over the past months and a “D” grade for cash flow in my Portfolio Grader tool. For more information, view my complete analysis of SID stock.

Teck Resources Ltd. (NYSE:TCK) explores for, develops and produces natural resources. TCK stock has dipped 33% in the last year. Teck stock gets a “D” grade for earnings growth, an “F” grade for earnings momentum, a “D” grade for its ability to exceed the consensus earnings estimates on Wall Street and a “D” grade for the magnitude in which earnings projections have increased over the past months in my Portfolio Grader tool. For more information, view my complete analysis of TCK stock.

Vale (NYSE:VALE) is a Brazil-based metals and mining company that is down 33% in the last year. VALE stock gets “F” grade for sales growth, a “D” grade for operating margin growth, a “D” grade for earnings growth, a “D” grade for earnings momentum and a “D” grade for the magnitude in which earnings projections have increased over the past months in my Portfolio Grader tool. For more information, view my complete analysis of VALE stock.

Get more analysis of these picks and other publicly-traded stocks with Louis Navellier’s Portfolio Grader tool, a 100% free stock-rating tool that measures both quantitative buying pressure and eight fundamental factors.

 


Article printed from InvestorPlace Media, https://investorplace.com/2012/05/dig-out-from-under-these-10-metal-and-mining-stocks-abx-fxc-gg-mt-nem-pkx/.

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