• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 499722 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1414779514 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1414779514 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Lowest P/E Ratio in the Diversified Metals & Mining Industry Detected for Gulf Resources (GURE, FCX, SCCO)

Published on Wed, 05/15/2013 - 10:35
By Robert Cotter

Below are the three companies in the Diversified Metals & Mining industry with the lowest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Gulf Resources (NASDAQ:GURE) is lowest with a P/E ratio of 2.63. Gulf Resources Inc. manufactures chemical products for use in oil and gas field explorations, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents, and inorganic chemical. Gulf Resources has traded 70,000 shares thus far today, vs. average volume of 87,000 shares per day. The stock has underperformed the Dow (-0.9% to the Dow's 0.0%) and underperformed the S&P 500 (-0.9% to the S&P's 0.0%) during today's trading.

Following is Freeport-McMoRan (NYSE:FCX) with a P/E ratio of 9.87.

Finishing up the bottom three is Southern Copper (NYSE:SCCO), with a P/E ratio of 12.79.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

TeleNav Trading Higher on 2.0x Above-Ave...

TeleNav shares are trading on heavy volume today, having risen 15.3% to $7.25. Approxi ...

Volume Spike Detected in Shares of Newmo...

Shares of Newmont Mining are trading down 8.0% to $18.71 today on above average volume. ...

Shares of American Axle & Manufacturing ...

The price of American Axle & Manufacturing shares has climbed to $19.27 (a 5.6% change) ...

NuVasive's Shares Changing Hands at High...

NuVasive's stock is up 2.8% to $40.37 on heavy trading volume. Today's volume of 581,0 ...

First Majestic Silver's Shares Changing ...

Shares of First Majestic Silver are trading today in above average volume, with the sha ...

Shares of Molina Healthcare Are Moving H...

The price of Molina Healthcare shares has climbed to $47.82 (a 2.8% change) on heavy tr ...

Globe Specialty Metals Makes a Move: Up ...

Globe Specialty Metals (NASDAQ:GSM) is one of today's notable stocks on the rise, up 2. ...

Unilever's Shares Changing Hands at High...

Shares of Unilever are trading today in above average volume, with the share price risi ...