Gold Fields Ltd. (GFI) Trading 3.7% Higher
Gold Fields Ltd. (NYSE:GFI) traded up 3.7% during mid-day trading on Thursday . The company traded as high as $5.97 and last traded at $5.88, with a volume of 2,549,774 shares. The stock had previously closed at $5.67.
A number of equities research analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Gold Fields from a “hold” rating to a “sell” rating in a research note on Tuesday, July 5th. Goldman Sachs Group Inc. upgraded shares of Gold Fields from a “sell” rating to a “neutral” rating in a research note on Monday, June 27th. Royal Bank Of Canada upgraded shares of Gold Fields from a “sector perform” rating to an “outperform” rating and raised their price target for the company from $4.08 to $4.39 in a research note on Wednesday, June 22nd. They noted that the move was a valuation call. JPMorgan Chase & Co. upgraded shares of Gold Fields from an “underweight” rating to a “neutral” rating in a research note on Tuesday, July 12th. Finally, Citigroup Inc. restated a “sell” rating on shares of Gold Fields in a research note on Thursday, August 18th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of C$4.50.
The company has a 50 day moving average of $6.05 and a 200-day moving average of $4.64. The firm’s market cap is $4.73 billion.
Gold Fields Limited (Gold Fields) is a gold mining company. The Company is a producer of gold and a holder of gold reserves. The Company is involved in underground and surface gold and copper mining and related activities, including exploration, development, extraction, processing and smelting. It has approximately eight producing mines located in South Africa, Ghana, Australia and Peru.
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