3-Year Low Stocks: ABX, NEM, IAG, UPL, PSMI

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Feb 04, 2013
According to GuruFocus' list of three-year lows, Barrick Gold Corp., Newmont Mining Corp., Iamgold Corp., Ultra Petroleum Corp. and Peregrine Semiconductor Corp. have all reached their three year lows.

Barrick Gold Corporation (ABX, Financial) Reached the Three-Year Low of $32.2

The prices of Barrick Gold Corporation (ABX) shares have declined to close to the 3-year low of $32.2, which is 44.6% off the 3-year high of $55.950. Barrick Gold Corporation has a market cap of $32.22 billion; its shares were traded at around $32.2 with a P/E ratio of 9.6061 and P/S ratio of 2.2707. The dividend yield of Barrick Gold Corporation stocks is 2.33%.

Barrick Gold Corporation reported third quarter 2012 EPS of $0.62, compared to $1.37 in the prior year quarter. Operating cash flow decreased to $1.73 billion from $1.90 billion last year. The company is planning to release its fourth quarter 2012 results on February 14.

One Guru increased positions: John Hussman owns 1,900,000 shares as of 12/31/2012, an increase of 484.62% from the previous quarter. This position accounts for 1.8% of the $3.8 billion portfolio of Hussman Economtrics Advisors.

Newmont Mining Corporation (NEM, Financial) Reached the Three-Year Low of $43.71

The prices of Newmont Mining Corporation (NEM) shares have declined to close to the 3-year low of $43.71, which is 41.2% off the 3-year high of $72.420. Newmont Mining Corporation has a market cap of $21.49 billion; its shares were traded at around $43.71 with a P/E ratio of 103.093 and P/S ratio of 2.1626. The dividend yield of Newmont Mining Corporation stocks is 3.2%. Newmont Mining Corporation had an annual average earnings growth of 13.3% over the past 10 years. GuruFocus rated Newmont Mining Corporation the business predictability rank of 4-star.

For its third quarter of 2012, Newmont Mining Corporation reported EPS from continuing operations of $0.81, down 19% from the EPS of $1.00 reported last year. Revenues for this quarter decreased 10% year over year to $2.5 billion, and cash flow from continuing operations decreased 54% from last year to $578 million. The company also projected fourth quarter 2012 gold production to decline 4% from last year.

Two Gurus increased positions: John Hussman owns 1,450,000 shares as of 12/31/2012, an increase of 542.73% from the previous quarter. Brian Rogers owns 1,500,000 shares as of 12/31/2012, an increase of 50% from the previous quarter.

1 Gurus kept positions in NEM unchanged or slightly adjusted: Arnold Van Den Berg owns 562,583 shares as of 12/31/2012, which accounts for 2.88% of the $908 million portfolio of Century Management.

Iamgold Corp (IAG, Financial) Reached the Three-Year Low of $8.36

The prices of Iamgold Corp (IAG) shares have declined to close to the three-year low of $8.36, which is 66.7% off the 3-year high of $23.880. Iamgold Corp has a market cap of $3.15 billion; its shares were traded at around $8.36 with a P/E ratio of 8.2102 and P/S ratio of 1.872. The dividend yield of Iamgold Corp stocks is 2.99%. Iamgold Corp had an annual average earnings growth of 28.4% over the past 10 years.

Ultra Petroleum Corporation (UPL, Financial) Reached the Three-Year Low of $18.01

The prices of Ultra Petroleum Corporation (UPL) shares have declined to close to the three-year low of $18.01, which is 68.0% off the three-year high of $53.850. Ultra Petroleum Corporation is owned by seven Gurus we are tracking. Among them, three have added to their positions during the past quarter. Two reduced their positions. Ultra Petroleum Corp. was originally incorporated on Nov. 14, 1979, under the laws of the Province of British Columbia, Canada. Ultra Petroleum Corporation has a market cap of $2.75 billion; its shares were traded at around $18.01 with a P/E ratio of 10.1 and P/S ratio of 3.1939.

Ultra Petroleum Corporation announced third quarter 2012 adjusted net income of $0.64 per diluted share, and operating cash flow of $187.5 million.

Peregrine Semiconductor Corp (PSMI, Financial) Reached the Three-Year Low of $11.5

The prices of Peregrine Semiconductor Corp (PSMI) shares have declined to close to the three-year low of $11.5, which is 42.0% off the three-year high of $19.470. Peregrine Semiconductor Corp has a market cap of $366.039 million; its shares were traded at around $11.5 with and P/S ratio of 2.1227.

Peregrine Semiconductor Corp announced third quarter 2012 revenue of $60.6 million, compared to $26.5 million in the same quarter 2011. GAAP net income was $4.7 ($0.10 per share), compared to a net loss of $4.7 million ($1.72 per share) in the prior year quarter.

One Guru initiated positions: PRIMECAP Management bought 56,600 shares in the quarter that ended on 09/30/2012, which is 0.0016% of the $61.15 billion portfolio of PRIMECAP Management.

Go here for the complete list of three-year lows.