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Zacks Investment Research Limited Shares of Gold Fields (NYSE: GFI) According to Zacks, "Gold Fields Limited is one of the largest producers of The world's unhedged gold and mines in South Africa, Ghana and Australia ".
ValuEngine upgraded his Gold Fields shares from a trading grade to a conservation rating in a research note on Monday, July 2nd. Market Rating in a Research Brief on Thursday, April 26th Bank of America has upgraded its Gold Fields shares from an underperforming rating to a purchase grade and set a target price of $ 5.00. in a research note on Friday 13 April. Decre set Gold Fields' stock price target of $ 7.06 to $ 6.31 and overweighted the stock in a research note on Monday, April 9th. Finally, Royal Bank of Canada upgraded Gold Fields from underperforming ratings to a sector performance rating in a report released on Tuesday, April 3rd. A stock research badyst evaluated the stock with a sales note, five issued a reserve note and three issued a buy-to-action note. Gold Fields currently has a consensual Hold rating and a consensus price target of $ 5.35.
Gold Fields shares traded for $ 0.09, reaching $ 3.66, during Wednesday's trading, reports Marketbeat Ratings. The stock had an exchange volume of 1,830,477 shares, compared with its average volume of 3,092,591 shares. Gold Fields has a 52-week minimum of $ 3.45 and a $ 52 high of $ 4.70. The company has a market capitalization of $ 3.00 billion, a price / earnings ratio of 15.25 and a beta of -0.89. The company has a ratio of 0.84, a ratio of 1.30 and a debt ratio of 0.47.
Institutional investors have recently added or reduced their holdings in the stock. First Trust Advisors LP increased its holdings in Gold Fields by 152.7% in the fourth quarter. First Trust Advisors LP now holds 56,700 shares of the company valued at $ 244,000 after purchasing an additional 34,258 shares in the last quarter. Wells Fargo & Company MN increased its holdings in Gold Fields by 93.8% in the fourth quarter. Wells Fargo & Company MN now holds 866,199 shares of the company valued at $ 3,724,000 after purchasing an additional 419,236 shares in the last quarter. UBS Asset Management Americas Inc. increased its holdings in Gold Fields by 19.3% in the fourth quarter. UBS Asset Management Americas Inc. now holds 528,806 shares of the company valued at $ 2,274,000 after purchasing 85,671 additional shares in the last quarter. Lazard Asset Management LLC increased its holdings in Gold Fields by 32.7% in the fourth quarter. Lazard Asset Management LLC now holds 705,885 shares of the company valued at $ 3,035,000 after purchasing 173,999 additional shares in the last quarter. Finally, Amundi Pioneer Asset Management Inc. acquired a new stake in Gold Fields during the 4th quarter valued at approximately $ 6,046,000. 33.40% of the shares are held by institutional investors and hedge funds.
About Gold Fields
Gold Fields Limited produces gold and holds gold reserves and resources in South Africa, Ghana, and Australia. 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 annual gold equivalent production of approximately 2.2 million ounces, as well as gold reserves of approximately 49 million gold. ounces and mineral resources of about 104 million ounces
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