Gold Fields Limited (NYSE:GFI) does about 10.32M shares in volume on a normal day but saw 3741919 shares change hands in Monday trading. The company now has a market cap of 10.73B USD. Its current market price is $12.22, marking a decrease of -0.73% compared to the previous close of $12.31. The 52 week high reached by this stock is $17.20 whilst the lowest price level in 52 weeks is $7.03. The script in recent trading has seen the stock touch a high of $12.30 and a low of $12.005.
Gold Fields Limited (GFI) has a 20-day trading average at $11.55 and the current price is -28.95% off the 52-week high compared with 73.83% distance from its 52-week low. The 50-day simple moving average of the closing price is $11.15 and its 200-day simple moving average is $10.12. If we look at the stock’s price movements over the week, volatility stands at 2.79%, which increases to 3.18% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 62.94 to suggest the stock is neutral.
10 analysts observing the Gold Fields Limited (GFI) stock have set the 12-month price targets for the company’s shares at between $8.35 and $15.39. The consensus objective for the share price is $12.72, suggesting that the stock has a potential upside of 3.93% over the period. The median price target is 7.7% away from the current levels at $13.24.
FactSet Research has provided data showing that 10 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 4 analysts have rated it as a buy and 5 have advised that investors hold their positions. The consensus recommendation rating is Overweight and Wall Street’s advice is for investors to Moderate Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 04, 2022 when JP Morgan downgraded the stock to “Neutral” and issued a price target of $15.30. BMO Capital Markets downgraded its price target at $15.
The current price level is 6.50%, 10.10%, and 20.60% away from its SMA20, SMA50, and SMA200 respectively, with the GFI price moving above the 50-day SMA on January 23. Gold Fields Limited (GFI) stock is down -3.70% over the week and 17.39% over the past month. Its price is 18.07% year-to-date and 11.90% over the past year.
The company’s next earnings report is expected on 05/04/2023.
Its 12-month price target is $13.24. To reach the target analysts have set, the stock logically needs to grow 3.93 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $8.35, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $15.39.
Outstanding shares total 890.64M with insiders holding 0.00% of the shares and institutional holders owning 34.25% of the company’s common stock. The company has a return on investment of 24.70% and return on equity of 23.10%. The price to earnings ratio (P/E ratio) amounts to 12.03. The beta has a value of 0.83. Price to book ratio is 2.56 and price to sales ratio is 2.41.
According to a U.S. Securities and Exchange Commission filing, VanEck Gold Miners ETF has added its position in Gold Fields Limited (GFI) to 46,343,310 shares, mirroring a recent increase by 0.31%. VanEck Gold Miners ETF added 0.14 million shares of Gold Fields Limited common stock bringing its total worth to about $479.65 million at the end of recent close, SEC documents show.