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 rose 13.2%, and the S&P has increased 12.1%.
Since January 1, NovaGold Resources (AMEX:NG) has fallen 48.9%. NovaGold Resources explores and develops mineral properties in North America. Shares of the stock have been changing hands at an unusually rapid pace, up 224.1% from the week prior. For more information, get Portfolio Grader’s complete analysis of NG stock.
The price of Cliffs Natural Resources (NYSE:CLF) is down 49.7% since the first of the year. Cliffs Natural Resources is an international mining and natural resources company. As of July 24, 2013, 35.8% 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, Barrick Gold (NYSE:ABX) has dipped 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.
The price of Companhia Siderurgica Naciona (NYSE:SID) has fallen 50.9% since the first of the year. Companhia Siderurgica Nacional produces a line of steel products, including slabs, hot- and cold-rolled, galvanized and tin mill products for the distribution, packaging, automotive, home appliance and construction industries. For more information, get Portfolio Grader’s complete analysis of SID stock.
Share prices of Gold Fields (NYSE:GFI) are down 53.8% since the first of the year. Gold Fields is engaged in the mining, exploration, extraction, processing, and smelting of gold. Trade volume is up 98.4% from the previous week. For more information, get Portfolio Grader’s complete analysis of GFI stock.
Shares of Endeavour Silver
(NYSE:EXK) have sunk 53.8% 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 January 1, Mechel (NYSE:MTL) has plunged 54.5%. 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.
Shares of Harmony Gold Mining (NYSE:HMY) have dipped 55.4% 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, the price of IAMGOLD Corp. (NYSE:IAG) is down 58%. 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 slumped 59.9% since January 1. Walter Energy is a producer and exporter of metallurgical coal for the global steel industry. As of July 24, 2013, 13.3% of outstanding Walter Energy Inc. shares were held short. Shares of the stock are being traded at a very rapid pace, up 416.1% from the week prior. 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.
