Streetbeat News

GFI

Gold Fields Limited

https://www.goldfields.com

Industry

Gold

Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, Australia, and Peru. The company also explores for copper deposits. It holds interests in 9 operating mines with an annual gold-equivalent production of approximately 2.34 million ounces, as well as gold mineral reserves of approximately 48.6 million ounces and mineral resources of approximately 111.8 million ounces. Gold Fields Limited was founded in 1887 and is based in Sandton, South Africa.

Open

13.70

Mkt cap

12B

Volume

High

13.85

P/E Ratio

19.24

52-wk high

18.97

Low

13.57

Div yield

0.03

52-wk low

12.19

Gold company shares are rising as gold prices hit all-time highs after the Fed's rate cut.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 6:36 pm

Precious metals stocks are experiencing a rise in share prices as gold and silver prices increase following the Federal Reserve's decision to cut interest rates by 50 basis points.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 12:45 pm

Gold stocks are experiencing a rise in share prices following the Federal Reserve's decision to cut interest rates by 50 basis points, which has positively influenced overall market sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 6:08 pm

Precious metals stocks are experiencing a rise in share prices as gold and silver prices increase due to a decline in the US dollar following recent inflation data.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 4:40 pm

In August, several large-cap stocks experienced significant declines. Super Micro Computer, Dollar General, Snap, PDD Holdings, Intel, Tencent Music, Gold Fields, Charles River Laboratories, Moderna, and Neurocrine Biosciences were among the worst performers due to various factors such as earnings misses, price target cuts, and strategic challenges.

Portfolio Pulse from Lekha Gupta

September 08, 2024 | 5:05 pm

Scotiabank analyst Tanya Jakusconek has maintained a Sector Perform rating on Gold Fields (NYSE:GFI) but has lowered the price target from $18 to $17.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 1:08 pm

The article highlights the top eight large-cap stock losers from August 18 to August 24, 2023. Snowflake, JD.com, and PDD Holdings are among the companies that saw significant declines due to various factors such as earnings reports, analyst downgrades, and strategic divestments.

Portfolio Pulse from Lekha Gupta

August 25, 2024 | 4:07 pm

Ubiquiti Inc. and Red Robin Gourmet Burgers are among the stocks moving lower in Friday's pre-market session. Ubiquiti's shares fell 7.6% after missing sales estimates, despite beating earnings expectations. Red Robin's shares dropped 13.5% following downbeat earnings and lowered revenue guidance.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 12:16 pm

Scotiabank analyst Tanya Jakusconek maintains a Sector Perform rating on Gold Fields (NYSE:GFI) and raises the price target from $17 to $18.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 3:34 pm

Gold mining companies are increasing M&A activity due to high gold prices, which boost their free cash flow. Gold Fields plans to acquire Osisko Mining for $1.57 billion, and Newmont is selling several mines to pay down debt. The VanEck Gold Miners ETF rose 3.08% amid record gold prices. Copper is also becoming a significant focus for gold miners.

Portfolio Pulse from Matt Whittaker

August 16, 2024 | 7:44 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.