• 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 >= 1413903541 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 >= 1413903541 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

Watch for Shares of AmerisourceBergen (A...

Shares of AmerisourceBergen (NYSE:ABC) have bullishly opened above the pivot of $75.54 ...

Rowan (RDC) Crosses Pivot Point Resistan...

Shares of Rowan (NYSE:RDC) opened today above their pivot of $22.85 and have already re ...

Watch for Shares of SUPERVALU (SVU) to A...

SUPERVALU (NYSE:SVU) has opened bullishly above the pivot of $8.20 today and has reache ...

Next Resistance Level for Yum! Brands (Y...

Shares of Yum! Brands (NYSE:YUM) opened today above their pivot of $68.85 and have alre ...

Pioneer Natural Resources (PXD) Crosses ...

Shares of Pioneer Natural Resources (NYSE:PXD) have bullishly opened above the pivot of ...

Hot Stock: CEL-SCI, Shares Drop 20.6% (C...

CEL-SCI (AMEX:CVM) is one of today's worst performing penny stocks, down 20.6% to $0.68 ...

Gannett (GCI) Approaches New Upside Targ...

Shares of Gannett (NYSE:GCI) opened today above their pivot of $28.76 and have already ...

Watch for Shares of Lowe's (LOW) to Appr...

Shares of Lowe's (NYSE:LOW) opened today above their pivot of $53.16 and have already r ...