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 is up 10.9%, the Dow rose 13.2%, and the S&P has risen 12.1%.
Since January 1, New Gold Inc. (AMEX:NGD) has plunged 41%. New Gold acquires, explores, and develops gold properties. As of Sept. 18, 2013, 10.4% of outstanding New Gold Inc. shares were held short. Shares of the stock are being traded at a very rapid pace, up 99.6% from the week prior. For more information, get Portfolio Grader’s complete analysis of NGD stock.
Since January 1, Mechel OAO Sponsored ADR (NYSE:MTL) has fallen 43.9%. 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 Rubicon Minerals Corporation (AMEX:RBY) have slumped 44% since the first of the year. Rubicon Minerals explores for gold deposits in the Red Lake gold camp of Canada, as well as Nevada and Alaska. Shares of the stock have been changing hands at an unusually rapid pace, up 93.4% from the week prior. For more information, get Portfolio Grader’s complete analysis of RBY stock.
Since the first of the year, Eldorado Gold Corporation (NYSE:EGO) has tumbled 44.1%. Eldorado Gold acquires, explores, and develops mineral properties. Trade volume is up 111.1% from the previous week. The stock’s trailing PE Ratio is 29.90. For more information, get Portfolio Grader’s complete analysis of EGO stock.
Share prices of Endeavour Silver (NYSE:EXK) are down 46.2% 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. Shares of the stock have been changing hands at an unusually rapid pace, up 129.3% from the week prior. For more information, get Portfolio Grader’s complete analysis of EXK stock.
The price of Barrick Gold Corporation (NYSE:ABX) has fallen 47% since the first of the year. Barrick Gold makes and sells gold, and is involved with related activities such as exploration and mine development. Trade volume is up 154.5% from the previous week. For more information, get Portfolio Grader’s complete analysis of ABX stock.
Since the first of the year, IAMGOLD Corporation (NYSE:IAG) has dipped 51.8%. 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 Harmony Gold Mining Co. Ltd. Sponsored ADR (NYSE:HMY) have slipped 55.4% since January 1. Harmony Gold Mining is a mining company which produces gold from its operations in the district of Virginia, Orange Free State. Shares of the stock are being traded at a very rapid pace, up 138.9% from the week prior. For more information, get Portfolio Grader’s complete analysis of HMY stock.
Since the first of the year, Walter Energy (NYSE:WLT) has dipped 59.6%. Walter Energy is a producer and exporter of metallurgical coal for the global steel industry. As of Sept. 18, 2013, 13.3% of outstanding Walter Energy shares were held short. For more information, get Portfolio Grader’s complete analysis of WLT stock.
Shares of Gold Fields Limited Sponsored ADR (NYSE:GFI) have dipped 59.7% since the first of the year. Gold Fields is engaged in the mining, exploration, extraction, processing, and smelting of gold. Trade volume is up 92.6% from the previous week. For more information, get Portfolio Grader’s complete analysis of GFI 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.
