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52-Week High Companies: MMI, EGO, GOLD, GG, NEM

September 11, 2011 | About:
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gururk

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According to GuruFocus' list of 52-week highs, these Guru stocks have reached their 52-week highs: Motorola Mobility Holdings (MMI), Eldorado Gold Corp. (EGO), Randgold Resources Ltd (GOLD), Goldcorp Inc. (GG), and Newmont Mining Corp. (NEM).

Motorola Mobility Holdings (MMI) Reached the 52-Week High of $37.5

Motorola Mobility Holdings operates as a provider of technologies products and services for handset and television set-top box units. Motorola Mobility Holdings has a market cap of $11.18 billion; its shares were traded at around $37.5 with and P/S ratio of 0.98.

On July 28, Motorola Mobility Holdings reported net revenues of $3.3 billion in the second quarter of 2011, up 28% from the second quarter of 2010. The GAAP net loss in the second quarter of 2011 was $56 million, or $0.19 per share, compared to net earnings of $80 million, or $0.27 per share, in the second quarter of 2010. On a non-GAAP basis, the net earnings in the second quarter of 2011 were $26 million, or $0.09 per share, compared to a loss of $87 million, or $0.30 per share, in the second quarter of 2010.

In August, Senior Vice President and CFO Marc E. Rothman, Senior Vice President, Chief Marketing Officer William C. Ogle, and Senior Vice President, Chief People Officer Scott A. Crum sold shares of MMI stock.

Eldorado Gold Corp. (EGO) Reached the 52-Week High of $21.48

Eldorado Gold is a gold producing and exploration company with gold assets in Brazil and Turkey. Eldorado Gold Corp. has a market cap of $11.79 billion; its shares were traded at around $21.48 with a P/E ratio of 52.39 and P/S ratio of 14.91. The dividend yield of Eldorado Gold Corp. stocks is 0.28%.

On July 28, Eldorado reported net income attributable to shareholders of the Company of $74.9 million for the period; generated $115.7 million in cash from operating activities before changes in non-cash working capital and paid down $31.8 million against outstanding debt acquired with the 2009 Sino Gold Mining Ltd. acquisition.

Randgold Resources Ltd. (GOLD) Reached the 52-Week High of $111.71

Randgold Resources Ltd. has a market cap of $10.22 billion; its shares were traded at around $111.71 with a P/E ratio of 50.32 and P/S ratio of 21.09. The dividend yield of Randgold Resources Ltd. stocks is 0.16%. Randgold Resources Ltd. had an annual average earnings growth of 9% over the past 10 years.

On August 4, Randgold Resources boosted gold production for the three months to June by 33% quarter on quarter and 97% on the corresponding quarter in 2010 on the back of a record all-round performance and contributions from its new Tongon and Gounkoto mines. The increased production of 184,711 ounces and the sale of gold held back at Tongon in the previous quarter pushed profit for the period to US$128.4 million, up 180% quarter on quarter and 253% for the second quarter 2010.

Goldcorp Inc. (GG) Reached the 52-Week High of $55.27



Goldcorp is a North America-based gold producer engaged in exploration, extraction, and processing of gold. Goldcorp Inc. has a market cap of $44.64 billion; its shares were traded at around $55.27 with a P/E ratio of 30.2 and P/S ratio of 11.75. The dividend yield of Goldcorp Inc. stocks is 0.74%. Goldcorp Inc. had an annual average earnings growth of 32.5% over the past 10 years. GuruFocus rated Goldcorp Inc. the business predictability rank of 2.5-star.

On July 27, Goldcorp Inc. reported operating cash flows before working capital changes of $717 million for the second quarter of 2011 based on gold production of 597,100 ounces at a total cash cost of $185 per ounce. Adjusted net earnings from continuing operations in the quarter increased to $420 million, or $0.52 per share, compared to $199 million, or $0.27 per share, in the second quarter of 2010. Reported net earnings from continuing operations were $489 million compared to $524 million in the second quarter of 2010.

Newmont Mining Corp. (NEM) Reached the 52-Week High of $65.26

Newmont Mining Corp. is engaged in the production of gold, the exploration for gold and the acquisition and development of gold properties worldwide. Newmont Mining Corp. has a market cap of $31.82 billion; its shares were traded at around $65.26 with a P/E ratio of 15.8 and P/S ratio of 3.34. The dividend yield of Newmont Mining Corp. stocks is 1.84%. Newmont Mining Corp. had an annual average earnings growth of 15.1% over the past 10 years. GuruFocus rated Newmont Mining Corp. the business predictability rank of 2.5-star.

On July 29, Newmont Mining Corporation announced that its second quarter 2011 attributable net income from continuing operations increased 37% to $523 million ($1.06 per share) compared to $382 million ($0.78 per share) in the second quarter of 2010. Adjusted net income increased 18% to $445 million ($0.90 per share) in the second quarter of 2011, from $377 million ($0.77 per share) in the second quarter of 2010.

This month, Senior Vice President, North American Operations Thomas R. Kerr sold 4,500 shares of NEM stock. SVP, Asia Pacific Operations Jeffrey R. Huspeni and Senior Vice President, South American Operations Cruz Carlos Santa sold shares in August. Senior Vice President, South American Operations Cruz Carlos Santa sold 10,000 shares in June.

Rating: 3.5/5 (4 votes)

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