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.
China Shen Zhou Mining & Resources (AMEX:SHZ) is lowest with a price to book ratio of 0.08. China Shen Zhou Mining & Resources Inc. acquires, explores, extracts, and develops mining properties in the inner Mongolia region of the People's Republic of China. The Company mines for minerals that include fluorite, copper, zinc, and lead. China Shen Zhou Mining & Resources has traded 0 shares thus far today, vs. average volume of 709,000 shares per day. The stock has underperformed the Dow (0.0% to the Dow's 0.6%) and underperformed the S&P 500 (0.0% to the S&P's 0.5%) during today's trading.
Gulf Resources (NASDAQ:GURE) is next with a price to book ratio of 0.17.
Finishing up the bottom three is US Energy Wyoming (NASDAQ:USEG), with a price to book ratio of 0.48.