Sector Update: Shopping 36 Metals & Mining Companies At 52-Week Low

Posted by Sally Jones via Guru Focus

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With all the lows in companies mining for gold, silver, copper, platinum and palladium, it could be time to go shopping in the metals and mining sector. Back in April, the metals and mining sector showed 118 companies at a 52-week low. This week there are only 36 out of 173 companies at a 52-week low, with a low ratio of 0.21. Here’s a look at a few highlights from mining companies around the world.

81.2% off high

Mexico and Argentina: Golden Minerals Co. (AUMN)

The GuruFocus 52-week low screener reveals that Golden Minerals Co. (AUMN) is at a 52-week low of $1.36 (high was $7.22). According to the GuruFocus Value Screen for 52-week lows, AUMN is 81.2% off high.

Golden Minerals Co. is an emerging precious metals producer engaged in the operation and further development of its recently acquired Velardeña mines in Mexico, and in the advancement of silver exploration property in Argentina.

Trading histories show that Jim Simons was the last guru to sell out at the end of first quarter 2013. 

Historical pricing: 

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