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Paulson & Co. increased its position in
Randgold Resources(GOLD) by 15,700 shares, or 1.7%, in the fourth quarter to 938,700 shares.
The stock was also included in a list of
Materials Stocks Bought and Sold by Hedge Funds.
Stock Overview: Randgold, together with its joint ventures, carries out exploration and gold mining activities, with two operating mines in Mali, West Africa: The Morila gold mine, and the Loulo mine complex. It has a market cap of about $10 billion. The stock, which yields 0.2% and has a short interest ratio of 1.5, has traded in a 52-week range of $70.18 to $120.73 and closed up $2.36, or 2.2%, at $111.66 on Thursday.
Analyst Ratings: Of eight analysts covering the stock, one rates it a buy, six rate it a hold, and one rates it a sell. TheStreet Ratings has an A buy rating on the stock with a
$136.87 price target.
More on Randgold: Randgold shows up on recent list of
9 Gold, Oil Stocks That Rise on Bad News.