3 Undervalued Mining Stocks

Mining and energy stocks have plummeted in value over the past two years - but Morningstar analysts reveal there are some companies that are undervalued

Emma Wall 23 December, 2013 | 9:39AM

Gold, metals and commodities have been the worst performing sectors this year, with the Euromoney Global Gold index losing 52% of its value since January. 

The energy sector may not have fared as poorly in 2013, but over the last three years while other sectors have bounced up to 40%, energy has only returned 2%.

Among these languishing indices there are some undervalued gems. According to Morningstar analysts stocks with a one or two star rating are trading at less than their true value. We highlight three companies from the energy and mining sectors which may be undervalued below.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
BHP Group PLC1,764.00 GBX-0.85
Rio Tinto PLC4,671.71 GBX-1.02
Tullow Oil PLC25.48 GBX-5.59

About Author

Emma Wall  is former Senior International Editor for Morningstar

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