Gold Fields Limited (NYSE:GFI)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $5.80, but opened at $5.68. Gold Fields shares last traded at $5.89, with a volume of 370,787 shares.
GFI has been the subject of a number of research reports. Zacks Investment Research cut Gold Fields from a “hold” rating to a “sell” rating in a research note on Friday, November 15th. Royal Bank of Canada reissued a “sector perform” rating on shares of Gold Fields in a report on Friday, August 16th. ValuEngine lowered Gold Fields from a “hold” rating to a “sell” rating in a research report on Wednesday, October 2nd. Finally, JPMorgan Chase & Co. lowered their target price on Gold Fields from $6.20 to $6.00 and set a “neutral” rating for the company in a report on Thursday, September 12th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. Gold Fields currently has an average rating of “Hold” and a consensus price target of $4.64.
The business’s fifty day moving average is $5.50 and its 200-day moving average is $5.29. The firm has a market cap of $4.43 billion, a P/E ratio of 84.71 and a beta of -1.18.
About Gold Fields (NYSE:GFI)
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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