Below are the three companies in the Diversified Metals & Mining industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.
Gulf Resources (NASDAQ:GURE) is lowest with a price to book ratio of 0.17. 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. Thus far today, Gulf Resources has traded 95,000 shares, vs. average volume of 133,000 shares per day. The stock has underperformed the Dow (-3.2% to the Dow's 0.4%) and underperformed the S&P 500 (-3.2% to the S&P's 0.6%) during today's trading.
China Shen Zhou Mining & Resources (AMEX:SHZ) is next with a price to book ratio of 0.31.
Finishing up the bottom three is US Energy Wyoming (NASDAQ:USEG), with a price to book ratio of 0.37.