Weekly Guru Bargains Highlights: GOLD, NEM, ABX, VOLC, GFI

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May 06, 2013
According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Golden Land Property Development Public Company (GOLD, Financial): Down 29% Since John Hussman Bought in the Quarter Ended on 2012-12-31

John Hussman added to his holdings in Gold Mining company Randgold Resources Ltd. by 450% during the quarter ended 12/31/2012. His purchase prices were between $96.32 and $125.38, with an estimated average price of $110.63. Since then the prices of Golden Land Property Development Public Company shares have declined by 29% from the estimated average. John Hussman owned 275,000 shares of as of 12/31/2012.

Randgold Resources Ltd, together with its joint ventures, carries out exploration and gold mining activities. Randgold Resources Ltd has a market cap of $7.27 billion; its shares were traded at around $78.64 with a P/E ratio of 16.92 and P/S ratio of 5.44. The dividend yield of Randgold Resources Ltd stocks is 0.48%. Randgold Resources Ltd had an annual average earnings growth of 26.4% over the past 10 years. GuruFocus rated Randgold Resources Ltd the business predictability rank of 3-star.

John Hussman owns 275,000 shares as of 12/31/2012, an increase of 450% from the previous quarter. This position accounts for 0.72% of the $3.8 billion portfolio of Hussman Economtrics Advisors. John Paulson owns 930,502 shares as of 12/31/2012, which accounts for 0.57% of the $16.27 billion portfolio of Paulson & Co..

Newmont Mining Corporation (NEM, Financial): Down 33% Since Brian Rogers Bought in the Quarter Ended on 2012-12-31

Brian Rogers added to his holdings in Gold Mining company Newmont Mining Corporation by 50% during the quarter ended 12/31/2012. His purchase prices were between $43.75 and $56.24, with an estimated average price of $49.14. Since then the prices of Newmont Mining Corporation shares have declined by 33% from the estimated average. Brian Rogers owned 1,500,000 shares of as of 12/31/2012.

Newmont Mining Corporation's original predecessor corporation was incorporated in 1921 under the laws of Delaware. Newmont Mining .Corporation has a market cap of $16.08 billion; its shares were traded at around $33.00 with a P/E ratio of 10.02 and P/S ratio of 1.75. The dividend yield of Newmont Mining Corporation stocks is 4.47%. Newmont Mining Corporation had an annual average earnings growth of 12.6% over the past 10 years.

Newmont recently reported attributable net income from continuing operations of $315 million, or $0.63 per basic share, down 44% from $561 million, or $1.13 per basic share in the first quarter of 2012.

John Hussman owns 1,450,000 shares as of 12/31/2012, an increase of 542.73% from the previous quarter. This position accounts for 1.8% of the $3.8 billion portfolio of Hussman Economtrics Advisors. Ray Dalio owns 293,983 shares as of 12/31/2012, an increase of 215.43% from the previous quarter. This position accounts for 0.14% of the $9.82 billion portfolio of Bridgewater Associates.

Director, President and CEO Gary J Goldberg bought 3,000 shares of NEM stock on 05/02/2013 at the average price of $32.81. Gary J. Goldberg owns at least 46,217 shares after this. The price of the stock has increased by 0.58% since. There are mixed trades from other insiders.

Barrick Gold Corporation (ABX, Financial): Down 45% Since John Hussman Bought in the Quarter Ended on 2012-12-31

John Hussman added to his holdings in Gold Mining company Barrick Gold Corporation by 484.62% during the quarter ended 12/31/2012. His purchase prices were between $33.27 and $42.19, with an estimated average price of $36.37. Since then the prices of Barrick Gold Corporation shares have declined by 45% from the estimated average. John Hussman owned 1,900,000 shares of as of 12/31/2012.

Barrick Gold Corporation is a Corporation governed by the Business Corporations Act (Ontario) resulting from the amalgamation, effective July 14, 1984 under the laws of the Province of Ontario, of Camflo Mines Limited, Bob-Clare Investments Limited and the former Barrick Resources Corporation. Barrick Gold Corporation has a market cap of $19.56 billion; its shares were traded at around $20.00 with a P/E ratio of 6.30 and P/S ratio of 1.40. The dividend yield of Barrick Gold Corporation stocks is 4.00%.

Barrick Gold Corp. recently reported its first quarter 2013 financial results. The company announced net earnings of $847 million, or $0.85 per share. Operating cash flow was $1.09 billion.

Ray Dalio bought 170,290 shares in the quarter that ended on 12/31/2012, which is 0.061% of the $9.82 billion portfolio of Bridgewater Associates. Julian Robertson sold out his holdings in the quarter that ended on 12/31/2012. John Burbank sold out his holdings in the quarter that ended on 12/31/2012.

Volcano Corporation (VOLC, Financial): Down 31% Since Manning & Napier Advisors Inc Bought in the Quarter Ended on 2012-12-31

Manning & Napier Advisors Inc added to his holdings in Medical Equipment company Volcano Corporation by 52.83% during the quarter ended 12/31/2012. His purchase prices were between $23.22 and $29.09, with an estimated average price of $26.53. Since then the prices of Volcano Corporation shares have declined by 31% from the estimated average. Manning & Napier Advisors, Inc owned 4,185,305 shares of as of 12/31/2012.

Volcano Corporation designs, develops, manufactures and commercializes a suite of intravascular ultrasound (IVUS) and functional measurement (FM) products that enhance the diagnosis and treatment of vascular and structural heart disease. Volcano Corporation has a market cap of $1.07 billion; its shares were traded around $18.38 with a P/E ratio of 121.95 and P/S ratio of 2.66.

Volcano Corp. recently reported its first quarter 2013 financial results. The company reported a net loss on a GAAP basis of $3.2 million, or $0.06 per share, in the first quarter of 2013, versus net income of $271,000 in the same period a year ago.

President and CEO R. Scott Huennekens sold 4,617 shares of VOLC stock on 02/27/2013 at the average price of $21.68. R. Scott Huennekens owns at least 75,382 shares after this. The price of the stock has decreased by 15.22% since. Other insiders have also decreased their positions in the company.

Gold Fields Ltd. (GFI, Financial): Down 42% Since John Hussman Bought in the Quarter Ended on 2012-12-31

John Hussman added to his holdings in Gold Mining company Gold Fields Ltd by 66.67% during the quarter ended 12/31/2012. His purchase prices were between $11.32 and $13.02, with an estimated average price of $12.06. Since then the prices of Gold Fields Ltd. shares have declined by 42% from the estimated average. John Hussman owned 1,250,000 shares of as of 12/31/2012.

Gold Fields Ltd. (Gold Fields) was originally incorporated in South Africa. Gold Fields Ltd. has a market cap of $5.21 billion; its shares were traded at around $7.02 with a P/E ratio of 5.85 and P/S ratio of 0.89. The dividend yield of Gold Fields Ltd. stocks is 3.65%. Gold Fields Ltd had an annual average earnings growth of 16.8% over the past 10 years.

John Burbank bought 3,394,316 shares in the quarter that ended on 12/31/2012, which is 1.6% of the $2.59 billion portfolio of Passport Capital. John Hussman owns 1,250,000 shares as of 12/31/2012, an increase of 66.67% from the previous quarter. This position accounts for 0.41% of the $3.8 billion portfolio of Hussman Economtrics Advisors. Jean-Marie Eveillard owns 47,177,664 shares as of 03/31/2013, which accounts for 1.2% of the $29.98 billion portfolio of First Eagle Investment Management LLC.