TMCnet News
Golden Star Resources is Among the Companies in the Gold Industry With the Lowest Price to Book Ratio (GSS, KGC, ABX, GG, VGZ)May 17, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Gold industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.Golden Star Resources ranks lowest with a a price to book ratio of 0.42. Kinross Gold is next with a a price to book ratio of 0.62. Barrick Gold ranks third lowest with a a price to book ratio of 0.86. Goldcorp follows with a a price to book ratio of 0.95, and Vista Gold rounds out the bottom five with a a price to book ratio of 1.05. SmarTrend recommended that its subscribers protect gains by selling shares of Golden Star Resources on November 14th, 2012 by issuing a Downtrend alert when the shares were trading at $1.71. Since that call, shares of Golden Star Resources have fallen 59.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |