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.

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

Vale: New 52-Week Low Set Today (VALE)...

Shares of Vale (NASDAQ:VALE) traded at a new 52-week low today of $11.98. This new low ...

Shares of United Therapeutics Rise to a ...

United Therapeutics (NASDAQ:UTHR) traded today at a new 52-week high of $131.97. Appro ...

Shares of UQM Technologies Fall to a New...

UQM Technologies (AMEX:UQM) traded at a new 52-week low today of $1.18. This new low w ...

United Bankshares: 52-Week High Recently...

United Bankshares (NASDAQ:UBSI) traded at a new 52-week high today of $33.60. So far t ...

Trimas: The Losing Streak Continues (TRS...

Trimas (NYSE:TRS) traded at a new 52-week low today of $29.71. This new low was reache ...

TransCanada Looks to Continue to Trade A...

TransCanada (NYSE:TRP) traded today at a new 52-week high of $58.40. So far today appr ...

Recent 52-Week High Exceeded in Shares o...

Trinity Industries (NYSE:TRN) traded at a new 52-week high today of $50.77. This new h ...

Talisman Energy: New 52-Week Low Set Tod...

Talisman Energy (NYSE:TLM) traded at a new 52-week low today of $9.21. Approximately 5 ...