Royal Bank of Canada reaffirmed their sector perform rating on shares of Gold Fields (NYSE:GFI) in a report released on Friday morning, BayStreet.CA reports.
Several other analysts also recently issued reports on the company. Zacks Investment Research raised Gold Fields from a hold rating to a buy rating and set a $4.25 target price on the stock in a research note on Monday, May 6th. ValuEngine raised Gold Fields from a hold rating to a buy rating in a research note on Saturday, June 1st. Finally, BMO Capital Markets raised Gold Fields from a market perform rating to an outperform rating in a research note on Thursday, April 25th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of $4.14.
Shares of GFI opened at $5.39 on Friday. The business’s 50 day moving average is $5.49 and its 200 day moving average is $4.46. The company has a market capitalization of $4.72 billion, a PE ratio of 77.00 and a beta of -0.90. Gold Fields has a 12-month low of $2.20 and a 12-month high of $6.29. The company has a current ratio of 1.50, a quick ratio of 0.90 and a debt-to-equity ratio of 0.74.
Gold Fields Company Profile
Gold Fields Limited operates as a gold producer with reserves and resources in South Africa, Ghana, Australia, and Peru. It holds interests in 7 operating mines with an annual gold-equivalent production of approximately 2.2 million ounces, as well as gold mineral reserves of approximately 49 million ounces and mineral resources of approximately 104 million ounces.
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