China Shen Zhou Mining Stock Gaps Down On Today's Open (SHZ)

NEW YORK ( TheStreet) -- Shares of China Shen Zhou Mining & Resources (AMEX: SHZ) were gapping down Thursday morning with an open price 14.8% lower than Wednesday's closing price. The stock closed at $3.85 Wednesday and opened today's trading at $3.28.

The average volume for China Shen Zhou Mining has been 4.4 million shares per day over the past 30 days. China Shen Zhou Mining has a market cap of $138.8 million and is part of the basic materials sector and metals & mining industry. Shares are down 54.2% year to date as of the close of trading on Wednesday.

China Shen Zhou Mining & Resources, Inc., through its subsidiaries, engages in exploring, developing, mining, processing, and distributing fluorite ore, zinc, copper, lead, and other nonferrous metals. The company has a P/E ratio of 11, below the average metals & mining industry P/E ratio of 12.7 and below the S&P 500 P/E ratio of 17.5.

TheStreet Ratings rates China Shen Zhou Mining as hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and generally poor debt management. You can view the full China Shen Zhou Mining Ratings Report.

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