Gold Fields Limited (NYSE:GFI) shares gapped up before the market opened on Wednesday . The stock had previously closed at $2.90, but opened at $2.96. Gold Fields shares last traded at $3.06, with a volume of 3598978 shares traded.
GFI has been the topic of several analyst reports. Zacks Investment Research lowered shares of Gold Fields from a “hold” rating to a “sell” rating in a research report on Monday, September 24th. ValuEngine raised shares of Gold Fields from a “sell” rating to a “hold” rating in a research report on Tuesday, October 2nd. Royal Bank of Canada raised shares of Gold Fields from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, September 18th. Scotiabank set a $4.00 price objective on shares of Gold Fields and gave the company a “hold” rating in a research report on Tuesday, August 14th. Finally, HSBC raised shares of Gold Fields from a “hold” rating to a “buy” rating in a research report on Friday, August 17th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $5.02.
The stock has a market cap of $2.51 billion, a price-to-earnings ratio of 12.67 and a beta of -1.31.
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Gold Fields Company Profile (NYSE:GFI)
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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