Silver Standard Resources has the Lowest Forward Earnings Yield in the Precious Metals & Minerals Industry (SSRI, HL, SWC, HWD, CDE)
Below are the three companies in the Precious Metals & Minerals industry with the lowest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.
Silver Standard Resources ranks lowest with a forward earnings yield of 0.5%. Hecla Mining is next with a forward earnings yield of 1.8%. Stillwater Mining ranks third lowest with a forward earnings yield of 2.3%.
Harry Winston Diamond follows with a forward earnings yield of 2.9%, and Coeur d'Alene Mines rounds out the bottom five with a forward earnings yield of 3.6%.
SmarTrend recommended that its subscribers protect gains by selling shares of Coeur d'Alene Mines on November 6th, 2012 by issuing a Downtrend alert when the shares were trading at $25.83. Since that call, shares of Coeur d'Alene Mines have fallen 7.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest forward earnings yield silver standard resources hecla mining stillwater mining harry winston diamond coeur d'alene mines