Below are the three companies in the Precious Metals & Minerals industry with the highest earnings yields. Earnings yield is useful to compare the relative benefit of owning a stock vs. owning other yield assets such as bonds. If the earnings yield is higher, stocks may be considered undervalued.
Stillwater Mining (NYSE:SWC) is highest with an earnings yield of 4.0%. Stillwater Mining Company explores for, develops, extracts, processes, and refines platinum, palladium, and associated metals from the J-M Reef located in Stillwater and Sweet Grass Counties, Montana. The Company's current mining operations consist of the Stillwater Mine, an underground mine located in Nye, Montana.
Stillwater Mining (NYSE:SWC) has potential upside of 10.1% based on a current price of $12.50 and analysts' consensus price target of $13.76. The stock should discover initial support at its 50-day moving average (MA) of $11.12 and subsequent support at its 200-day MA of $10.50.
Following is Harry Winston Diamond (NYSE:HWD) with an earnings yield of 3.0%.
Finishing up the top three is Hecla Mining (NYSE:HL), with an earnings yield of 2.1%.