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Gurus Dig for Gold Bargains

Sally Jones

Sally Jones

47 followers
With the price of gold on everyone’s mind, it could be time to look for gold bargains. According to GuruFocus research, a number of gold companies around the world are considered to be "Guru Bargains" at this time. A number of investor gurus bought gold company shares in the last quarter, taking a loss up front.

Here are four gold companies down more than 20% since the guru investors listed bought or recommended them. Allied Nevada Gold Corp. (ANV) is based in North America; the other three companies are headquartered in South Africa.

Company: Allied Nevada Gold Corp. (ANV)

As of March 31, 2013, Ray Dalio bought a new holding of 11,500 shares at an average price of $22.1 for a loss of 463.8%. The current share price is $7.55, with a change from average down 66%.

Allied Nevada Gold Corp. (ANV) has a market cap of $685.7 million. Its key ratios are a P/E of 16.40, and a P/S of 3.07.

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Company: Sibanye Gold Ltd. (SBGL)

As of March 31, 2013, Jean-Marie Eveillard bought a new holding of the gold mining company for a little more than 9.8 million shares at an average price of $6 for a loss of 45.5%. The current share price is $3.03, with a change from average down 50%.

Down 48% over 12 months, Sibanye Gold Ltd. has an EV-to-EBIT ratio of 13.9.

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Company: Harmony Gold Mining Co. Ltd. (HMY)

As of March 31, 2013, Ray Dalio bought a new holding of the gold mining company for 55,100 shares at an average price of $6.90 for a loss of 40%. The current share price is $3.79 with a change from average down 45%.

Down 58% over 12 months, Harmony Gold has a market cap of $1.74 billion, and a P/E of 5.50 and a P/S of 0.90.

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Company: Anglogold Ashanti Limited (AU)

As of March 31, 2013, Ray Dalio bought a new holding of the gold mining company for 49,700 shares at an average price of $26.81 for a loss of 33.6%. The current share price is $16.76 with a change from average down 38%.

Down 51% over 12 months, Anglogold Ashanti has a market cap of $6.68 billion, and a P/E of 10.10 and a P/S of 1.10.

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Find many more Guru bargain stocks here.



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The GuruFocus Real Time Picks reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 2 days after the date of the transaction. This feature is for Premium Members only.

About the author:

Sally Jones
Sally Jones writes about Real Time Picks. She says, "I truly enjoy watching the Gurus in realtime and telling their story."

Rating: 3.0/5 (5 votes)

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