Hecla Mining (NYSE:HL) and Cliffs Natural Resources (NYSE:CLF) are both down big today, helping the basic materials sector lag the overall market. They also are accompanied by a few gold miners that could be considered value plays after the rough time they've had over the past 52 weeks.
For reasons why these companies are down big, check out the video below from Motley Fool analyst Taylor Muckerman.
Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.