Headlines about Gold Fields (NYSE:GFI) have been trending somewhat negative on Saturday, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Gold Fields earned a news impact score of -1.17 on their scale. InfoTrie also assigned press coverage about the company an news buzz score of 10 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock’s share price in the near term.
Shares of NYSE:GFI opened at $2.80 on Friday. The company has a market capitalization of $2.30 billion, a P/E ratio of 11.67 and a beta of -1.31. Gold Fields has a 52 week low of $2.20 and a 52 week high of $4.54.
GFI has been the subject of a number of research reports. ValuEngine cut shares of Gold Fields from a “hold” rating to a “sell” rating in a report on Friday, August 3rd. Zacks Investment Research upgraded shares of Gold Fields from a “sell” rating to a “hold” rating in a report on Wednesday, August 8th. Scotiabank set a $4.00 target price on shares of Gold Fields and gave the stock a “hold” rating in a report on Tuesday, August 14th. HSBC upgraded shares of Gold Fields from a “hold” rating to a “buy” rating in a report on Friday, August 17th. Finally, Royal Bank of Canada upgraded shares of Gold Fields from a “sector perform” rating to an “outperform” rating in a report on Tuesday, September 18th. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Gold Fields presently has a consensus rating of “Buy” and an average price target of $5.02.
Gold Fields Limited produces gold and holds gold reserves and resources in South Africa, Ghana, Australia, and Peru. The company engages in underground and surface gold and surface copper mining and related activities, including exploration, extraction, processing, and smelting. It holds interests in seven 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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