Weekly Guru Bargains Highlights: HMY, AEM, ABX, TFM

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Mar 17, 2013
According to GuruFocus updates, these stocks have declined the most since Gurus bought them.

Harmony Gold Mining Co., Ltd. (HMY, Financial): Down 22% Since John Hussman Bought In the Quarter Ended December 31, 2012

John Hussman added to his holdings in the gold mining company Harmony Gold Mining Co., Ltd. by 100% during the quarter ended December 31, 2012. His purchase prices were between $7.5 and $8.71, with an estimated average price of $8.09. Since then the prices of Harmony Gold Mining Co., Ltd. shares have declined by -22% from the estimated average. John Hussman owned 1,000,000 shares of as of December 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 $2.86 billion; its shares are traded at around $6.56 with a P/E ratio of 10.7527 and a P/S ratio of 1.4512. The dividend yield of Harmony Gold Mining Co., Ltd. stocks is 1.61%. Harmony Gold Mining Co., Ltd. had an annual average earnings growth of 15.2% over the past 5 years.

John Hussman owns 1,000,000 shares as of December 31, 2012, an increase of 100% from the previous quarter. This position accounts for 0.24% of the $3.8 billion portfolio of Hussman Economtrics Advisors. Mario Gabelli owns 32,930 shares as of December 31, 2012, which accounts for 0.0022% of the $13.61 billion portfolio of GAMCO Investors. Jean-Marie Eveillard owns 22,223,165 shares as of December 31, 2012, which accounts for 0.71% of the $28.07 billion portfolio of First Eagle Investment Management, LLC.

Agnico-Eagle Mines (AEM, Financial): Down 27% Since John Hussman Bought In the Quarter Ended December 31, 2012

John Hussman added to his holdings in the gold mining company Agnico-Eagle Mines by 280% during the quarter ended December 31, 2012. His purchase prices were between $50.42 and $57.33, with an estimated average price of $53.63. Since then the prices of Agnico-Eagle Mines shares have declined by -27% from the estimated average. John Hussman owned 950,000 shares of as of December 31, 2012.

Agnico-Eagle Mines Ltd. was incorporated under the laws of the Province of Ontario, Canada on June 1, 1972. Agnico-Eagle Mines has a market cap of $6.82 billion; its shares are traded at around $39.57 with a P/E ratio of 21.9298 and a P/S ratio of 3.5537. The dividend yield of Agnico-Eagle Mines stocks is 2.05%. Agnico-Eagle Mines had an annual average earnings growth of 29.8% over the past 10 years. GuruFocus rated Agnico-Eagle Mines the business predictability rank of 4-star.

AEM recently announced its fourth quarter 2012 financial results. The company reported a quarterly net income of $82.8 million, or $0.48 per share for the fourth quarter of 2012. This result includes a $16.5 million ($0.10 per share).

Ray Dalio bought 30,441 shares in the quarter that ended on December 31, 2012, which is 0.016% of the $9.82 billion portfolio of Bridgewater Associates. John Hussman owns 950,000 shares as of December 31, 2012, an increase of 280% from the previous quarter. This position accounts for 1.3% of the $3.8 billion portfolio of Hussman Economtrics Advisors. Jean-Marie Eveillard owns 10,609,234 shares as of December 31, 2012, which accounts for 2% of the $28.07 billion portfolio of First Eagle Investment Management, LLC.

Barrick Gold Corporation (ABX, Financial): Down 21% Since John Hussman Bought In the Quarter Ended

December 31, 2012

John Hussman added to his holdings in the gold mining company Barrick Gold Corporation by 484.62% during the quarter ended December 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 -21% from the estimated average. John Hussman owned 1,900,000 shares of as of December 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 $28.64 billion; its shares aree traded at around $28.62 with a P/E ratio of 8.5397 and a P/S ratio of 2.0182. The dividend yield of Barrick Gold Corporation stocks is 2.8%.

Barrick Gold recently reported its fourth quarter 2012 financial results. The company reported a fourth quarter 2012 net loss of $3.06 billion ($3.06 per share), including a $4.2 billion after-tax impairment charge primarily related to our copper business unit. Adjusted net earnings were $1.11 billion ($1.11 per share).

Ray Dalio bought 170,290 shares in the quarter that ended on December 31, 2012, which is 0.061% of the $9.82 billion portfolio of Bridgewater Associates. John Paulson owns 915,000 shares as of December 31, 2012, which accounts for 0.2% of the $16.27 billion portfolio of Paulson & Co.. NWQ Managers owns 6,225,187 shares as of December 31, 2012, which accounts for 1.8% of the $12.15 billion portfolio of NWQ Investment Management Co. Scott Black owns 36,873 shares as of December 31, 2012, which accounts for 0.19% of the $681 million portfolio of Delphi Management, Inc.

Fresh Market, Inc. (TFM, Financial): Down 30% Since Manning & Napier Advisors, Inc Bought In the Quarter Ended December 31, 2012

Manning & Napier Advisors, Inc added to his holdings in Broadline Retailers company Fresh Market, Inc. by 52.52% during the quarter ended December 31, 2012. His purchase prices were between $47.55 and $62.38, with an estimated average price of $55.6. Since then the prices of Fresh Market, Inc. shares have declined by -30% from the estimated average. Manning & Napier Advisors, Inc owned 55,000 shares as of December 31, 2012.

The Fresh Market was founded by Ray and Beverly Berry and opened its first store in Greensboro, North Carolina in 1982. Fresh Market, Inc. has a market cap of $2 billion; its shares are traded at around $41.55 with a P/E ratio of 32.4675 and a P/S ratio of 1.5664.

In the fourth quarter of fiscal 2012, net sales increased 15.3% to $369.9 million and comparable store sales increased 1.9%, compared to the corresponding 13-week period ended January 29, 2012. Net income in the fourth quarter of fiscal 2012 was $20.6 million, compared to $18.3 million in the corresponding 13-week period in fiscal 2011.

Senior Vice President General Counsel Scott F. Duggan sold 9,086 shares of TFM stock on October 12, 2012 at the average price of 55.96. Scott F. Duggan owns at least 1,833 shares after this. The price of the stock has decreased by 25.75% since.