• 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 >= 1416947022 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 >= 1416947022 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 Continued Gains in Shares of B...

Brinker International (NYSE:EAT) traded today at a new 52-week high of $55.78. This ne ...

Shares of Electronic Arts Have Risen Abo...

Shares of Electronic Arts (NASDAQ:EA) traded today at $44.50, breaking its 52-week high ...

Shares of Dr Pepper Snapple Rise to a Ne...

Shares of Dr Pepper Snapple (NYSE:DPS) traded today at $73.51, breaking its 52-week hig ...

Shares of Dun & Bradstreet Rise to a New...

Shares of Dun & Bradstreet (NYSE:DNB) traded today at $128.03, breaking its 52-week hig ...

Shares of Covanta Have Risen Above Previ...

Covanta (NYSE:CVA) traded today at a new 52-week high of $24.68. Approximately 1.3 mil ...

Shares of Copart Rise to a New 52-Week H...

Shares of Copart (NASDAQ:CPRT) traded at a new 52-week high today of $37.81. Approxima ...

Shares of Covidien Rise to a New 52-Week...

Shares of Covidien (NYSE:COV) traded at a new 52-week high today of $99.79. So far tod ...

Check Point Software Technologies: The W...

Shares of Check Point Software Technologies (NASDAQ:CHKP) traded at a new 52-week high ...