Weekly Guru Bargains Highlights: ABX, HMY, AU, AAPL, GOLD

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May 28, 2013
According to GuruFocus updates, these stocks have declined the most since Gurus bought them.

Barrick Gold Corporation (ABX, Financial): Down 47% Since John Hussman Bought In the Quarter Ended Dec. 31, 2012

John Hussman added to his holdings in the gold mining company Barrick Gold Corporation by 484.62% during the quarter ended Dec. 31, 2012. His purchase prices were between $33.27 and $42.19, with an estimated average price of $36.37. Since then the price of Barrick Gold Corporation shares has declined by -47% from the estimated average. John Hussman owned 1,900,000 shares as of Dec. 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 $19.57 billion; its shares were traded at around $19.16 with a P/E ratio of 6.30 and a P/S ratio of 1.35. The dividend yield of Barrick Gold Corporation stocks is 4.18%.

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.

Julian Robertson bought 339,600 shares in the quarter that ended on March 31,2013, which is 1.3% of the $740 million portfolio of Tiger Management. John Burbank bought 105,300 shares in the same quarter, which is 0.12% of the $2.51 billion portfolio of Passport Capital. David Dreman sold out his holdings in the quarter that ended on March 31, 2013. John Paulson sold out his holdings in the same quarter.

Director, Senior Officer Peter Munk, bought 100,000 shares of ABX stock on May 9, 2013 at the average price of $21.05. Peter Munk, owns at least 800,000 shares after this. The price of the stock has decreased by 8.98% since the trade.

Harmony Gold Mining Co., Ltd. (HMY, Financial): Down 54% Since John Hussman Bought In the Quarter Ended Dec. 31, 2012 John Hussman added to his holdings in the gold mining company Harmony Gold Mining Co., Ltd. by 100% during the quarter ended Dec. 31, 2012. His purchase prices were between $7.50 and $8.71, with an estimated average price of $8.09. Since then the price of Harmony Gold Mining Co., Ltd. shares has declined by -54% from the estimated average. John Hussman owned 1,000,000 shares as of Dec. 31, 2012.

Harmony Gold Mining Co. Ltd. was incorporated and registered as a public company in South Africa on August 25, 1950. Harmony Gold Mining Co., Ltd. has a market cap of $1.64 billion; its shares were traded at around $3.72 with a P/E ratio of 6.10 and a P/S ratio of 0.82. The dividend yield of Harmony Gold Mining Co., Ltd. stock is 2.84%. Harmony Gold Mining Co., Ltd. had an annual average earnings growth of 15.5% over the past five years.

Ray Dalio bought 55,100 shares in the quarter that ended on March 31, 2013, which is 0.0032% of the $10.99 billion portfolio of Bridgewater Associates. Jean-Marie Eveillard owns 20,829,043 shares as of March 31, 2013, which accounts for 0.45% of the $29.98 billion portfolio of First Eagle Investment Management, LLC.

Anglogold Ashanti Limited (AU, Financial): Down 49% Since John Hussman Bought In the Quarter Ended Dec. 31, 2012 John Hussman added to his holdings in the gold mining company Anglogold Ashanti Limited by 380% during the quarter ended Dec. 31, 2012. His purchase prices were between $29.90 and $34.95, with an estimated average price of $32. Since then the price of Anglogold Ashanti Limited shares has declined by -49% from the estimated average. John Hussman owned 1,200,000 shares as of Dec. 31, 2012.

AngloGold Ashanti Limited was incorporated in the Republic of South Africa in 1944 under the name of Vaal Reefs Exploration and Mining Company Limited. Anglogold Ashanti Limited has a market cap of $6.44 billion; its shares were traded at around $16.34 with a P/E ratio of 6.67 and a P/S ratio of 1.07. The dividend yield of Anglogold Ashanti Limited stocks is 1.90%.

Anglogold recently announced its first quarter 2013 financial results. The company posted a six-fold improvement in adjusted headline earnings from the previous quarter to $113 million as the costs were better than expected.

Ray Dalio bought 49,700 shares in the quarter that ended on March 31, 2013, which is 0.011% of the $10.99 billion portfolio of Bridgewater Associates. John Burbank owns 2,137,844 shares as of March 31, 2013, an increase of 52.25% from the previous quarter. This position accounts for 2% of the $2.51 billion portfolio of Passport Capital.

Ten percent Security Holder, Director Michael Gerard Basha, bought 5,000 shares of AU stock on April 3, 2013 at the average price of $0.10. Michael Gerard Basha, owns at least 763,571 shares after this.

Apple Inc. (AAPL, Financial): Down 23% Since Diamond Hill Capital Bought In the Quarter Ended Dec. 31, 2012 Diamond Hill Capital added to its holdings in the computer hardware company Apple Inc. by 26.1% during the quarter ended Dec. 31, 2012. His purchase prices were between $509.59 and $671.45, with an estimated average price of $577.16. Since then the price of Apple Inc. shares has declined by -23% from the estimated average. Diamond Hill Capital owned 1,145 shares as of Dec. 31, 2012.

Apple Inc. is a California corporation founded in 1977. Apple Inc. has a market cap of $415.01 billion; its shares were traded at around $445.15 with a P/E ratio of 10.63 and a P/S ratio of 2.49. The dividend yield of Apple Inc. stocks is 2.47%. Apple Inc. had an annual average earnings growth of 82.7% over the past 10 years. GuruFocus rated Apple Inc. the business predictability rank of 4.5-star.

Apple recently announced financial results for its fiscal 2013 second quarter ended March 30, 2013. The company posted quarterly revenue of $43.6 billion and a quarterly net profit of $9.5 billion, or $10.09 per diluted share.

Richard Perry bought 65,000 shares in the quarter that ended on March 31, 2013, which is 0.91% of the $3.15 billion portfolio of Perry Capital. Brian Rogers bought 325,000 shares in the quarter that ended on March 31, 2013, which is 0.57% of the $25.16 billion portfolio of T. Rowe Price Equity Income Fund.

Senior Vice President Jeffrey E. Williams sold 2,174 shares of AAPL stock on April 16, 2013 at the average price of $424.70. Jeffrey E. Williams owns at least 317 shares after this. The price of the stock has increased by 4.82% since. Other insiders have also decreased their positions in the company.

Golden Land Property Development Public Company Li (GOLD, Financial): Down 33% Since John Hussman Bought In the Quarter Ended Dec. 31, 2012

John Hussman added to his holdings in the gold mining company Randgold Resources Ltd. by 450% during the quarter ended Dec. 31, 2012. His purchase prices were between $96.32 and $125.38, with an estimated average price of $110.63. Since then the price of Golden Land Property Development Public Company Li shares has declined by -33% from the estimated average. John Hussman owned 275,000 shares of as of Dec. 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 $7.02 billion; its shares were traded at around $73.98 with a P/E ratio of 16.53 and a P/S ratio of 5.22. The dividend yield of Randgold Resources Ltd sto.cks is 0.68%. Randgold Resources Ltd. had an annual average earnings growth of 26.7% over the past 10 years. GuruFocus rated Randgold Resources Ltd the business predictability rank of 3-star.

Ray Dalio bought 11,700 shares in the quarter that ended on March 31, 2013, which is 0.0092% of the $10.99 billion portfolio of Bridgewater Associates. Jean-Marie Eveillard owns 1,264,736 shares as of March 31, 2013, which accounts for 0.36% of the $29.98 billion portfolio of First Eagle Investment Management, LLC. John Paulson owns 926,192 shares as of March 31, 2013, which accounts for 0.45% of the $17.73 billion portfolio of Paulson & Co.