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Gold Fields Limited's stock price (NYSE: GFI) soared before being traded on Thursday. Shares of Gold Fields were last trading at $ 3.65, with a volume of 262,4073 shares changing hands
A number of stock market badysts have recently weighed on the shares of GFI Bank of America has Increased "underperforming" shares In a research report on Friday, April 13, Morgan Stanley upgraded Gold Fields shares from "underweight" ratings to "equal weight" ratings in a research report. On Tuesday, March 20, ValuEngine on Monday raised Gold Fields shares from a "sell" rating to a "hold" rating in a research report. note in a research report on Wednesday, A On March 11, Macquarie lowered Gold Fields shares from an "outperformance" rating to a "neutral" rating in a research report on Thursday, April 26. A research badyst evaluated the stock with a sales rating, five issued a security rating and three gave a buy-to-action rating. Gold Fields obtained a consensus rating of "Hold" and an average target price of $ 5.35
The company has a ratio of 1.30, a ratio of 0.84 and a debt-to-equity ratio of 0 47. The stock has a market capitalization of $ 2.89 billion, a price / earnings ratio of 15.21 and a beta of -0.89.
A number of hedge funds have recently changed their positions on GFI. Donald Smith & CO. Inc. increased its position in Gold Fields by 38.7% in the first quarter. Donald Smith & CO. Inc. now holds 19,765,460 shares of the company valued at $ 79,457,000 after purchasing an additional 5,511,036 shares during the last quarter. Renaissance Technologies LLC increased its position in Gold Fields by 34.8% in the fourth quarter. Renaissance Technologies LLC now holds 13,698,200 shares of the company valued at $ 58,902,000 after purchasing 3,537,400 additional shares in the last quarter. Deutsche Bank AG increased its position in Gold Fields by 932.7% in the fourth quarter. Deutsche Bank AG now holds 3,751,005 shares of the company worth $ 16,128,000 after purchasing 3,387,790 additional shares in the last quarter. Van ECK Associates Corp increased its position in Gold Fields by 3.6% in the first quarter. Van ECK Associates Corp. now holds 89,854,633 shares of the company worth $ 361,216,000 after the purchase of 3,191,606 additional shares during the last quarter. Finally, Amundi Pioneer Asset Management Inc. acquired a new stake in Gold Fields during the fourth quarter valued at approximately $ 6,046,000. 33.42% of the shares are held by hedge funds and other institutional investors.
Gold Fields Company Profile
Gold Fields Limited produces gold and holds gold reserves and resources in South Africa, Ghana, Australia and in Peru. The company carries out underground and surface mining activities, as well as copper-related activities and surface mining, 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 about 104 million ounces. Daily – Enter your email address below to receive a concise daily summary of the latest news and badyst ratings for Gold Fields and related companies with the free daily newsletter from MarketBeat.com.
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