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

16.01

Mkt cap

14B

Volume

3.1M

High

16.05

P/E Ratio

22.25

52-wk high

18.97

Low

15.51

Div yield

0.02

52-wk low

12.19

Shares of precious metals stocks are trading higher due to a drop in the US dollar index.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 6:57 pm

The article identifies three overbought stocks in the materials sector: Ramaco Resources, Inc. (NASDAQ:METC), Gold Fields Limited (NYSE:GFI), and Golden Minerals Company (NYSE:AUMN). Overbought stocks are typically considered for short selling due to their overvalued status. The RSI values for these stocks are above 70, indicating they are overbought.

Portfolio Pulse from Lisa Levin

October 19, 2023 | 12:21 pm

The gold-to-copper ratio, a key economic indicator, has crossed a crucial threshold, signaling positive prospects for metals and mining. The price of gold has risen by 6% since October 7 due to the conflict in the Middle East. Gold miners have outperformed other industries in October, with the VanEck Gold Miners ETF (GDX) and the VanEck Junior Gold Miners ETF (GDXJ) seeing gains of 9.5% and 7.5% respectively. Gold Fields Limited (GFI) and Harmony Gold Mining Company Ltd (HMY) have been the top performers in these ETFs.

Portfolio Pulse from Piero Cingari

October 18, 2023 | 8:24 pm

Precious metals stocks are trading higher due to increased demand for safe-haven assets amid the Israel-Hamas conflict. This includes stocks such as AEM, AG, AGI, CDE, DRD, EXK, GFI, GOLD, HMY, MUX, PAAS, SBSW, WPM.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 2:49 pm

In Friday's pre-market session, several materials stocks showed significant movement. Gainers included Gold Fields (GFI), Harmony Gold Mining (HMY), McEwen Mining (MUX), Hecla Mining (HL), Anglogold Ashanti (AU), and DRDGold (DRD). Losers included Tantech Hldgs (TANH), Adamas One (JEWL), Crown ElectroKinetics (CRKN), and CN Energy Group (CNEY).

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 1:06 pm

JP Morgan has upgraded Gold Fields from Underweight to Neutral and set a price target of $14. This has resulted in Gold Fields' shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 12:25 pm

JP Morgan analyst Catherine Cunningham has upgraded Gold Fields (NYSE:GFI) from Underweight to Neutral and announced a $14 price target.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:49 am

Shares of gold companies are trading higher as gold prices rise due to conflict in the Middle East, which is causing a flight to safe-haven assets.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 6:47 pm

Gold stocks are trading higher due to the Israel-Hamas conflict, which has increased the demand for safe-haven assets. Stocks of companies like GFI and HMY are directly affected.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 7:41 pm

Precious metals stocks are trading higher as gold prices rise due to the Israel-Hamas conflict, which has increased the demand for safe-haven assets. Stocks mentioned include AU, GFI, and SBSW.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 3:55 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.