Gold Fields (NYSE:GFI) Stock Price Down 6.5%
Gold Fields Limited (NYSE:GFI)’s share price traded down 6.5% during mid-day trading on Thursday . The stock traded as low as $5.14 and last traded at $5.20, 7,470,167 shares changed hands during mid-day trading. An increase of 26% from the average session volume of 5,936,131 shares. The stock had previously closed at $5.56.
Several research analysts have recently issued reports on the stock. BMO Capital Markets upgraded shares of Gold Fields from a “market perform” rating to an “outperform” rating in a report on Thursday, April 25th. ValuEngine cut shares of Zuora from a “buy” rating to a “hold” rating in a report on Saturday, June 1st. Zacks Investment Research cut shares of GALP ENERGIA SG/ADR from a “hold” rating to a “sell” rating in a report on Monday, May 6th. Finally, Royal Bank of Canada restated an “underperform” rating and issued a GBX 215 ($2.81) target price on shares of in a report on Wednesday, June 26th. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. Gold Fields presently has an average rating of “Hold” and an average price target of $4.11.
The stock’s 50-day simple moving average is $4.97. The firm has a market cap of $4.47 billion, a PE ratio of 74.29 and a beta of -0.90. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.90 and a current ratio of 1.50.
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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