Breaking: It Seems Gold Fields Limited (ADR) Will Go Up. Have Another Big Increase

Breaking: It Seems Gold Fields Limited (ADR) Will Go Up. Have Another Big Increase

The stock of Gold Fields Limited (ADR) (NYSE:GFI) is a huge mover today! About 1.31 million shares traded hands. Gold Fields Limited (ADR) (NYSE:GFI) has declined 24.88% since April 22, 2016 and is downtrending. It has underperformed by 30.29% the S&P500.
The move comes after 6 months positive chart setup for the $2.53B company. It was reported on Nov, 25 by Barchart.com. We have $3.38 PT which if reached, will make NYSE:GFI worth $202.40M more.

Gold Fields Limited (ADR) (NYSE:GFI) Ratings Coverage

Out of 6 analysts covering Gold Fields Limited (NYSE:GFI), 1 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 17% are positive. Gold Fields Limited has been the topic of 10 analyst reports since August 31, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating given on Tuesday, March 15 by Macquarie Research. The rating was maintained by RBC Capital Markets on Thursday, November 19 with “Outperform”. The firm has “Neutral” rating given on Friday, January 15 by Goldman Sachs. The stock has “Sell” rating given by Goldman Sachs on Thursday, March 24. On Monday, August 31 the stock rating was upgraded by Howard Weil to “Sector Perform”. As per Tuesday, September 1, the company rating was upgraded by Scotia Capital. As per Monday, September 14, the company rating was downgraded by JP Morgan. The stock of Gold Fields Limited (ADR) (NYSE:GFI) earned “Buy” rating by Goldman Sachs on Friday, July 8. On Monday, January 18 the stock rating was upgraded by Goldman Sachs to “Neutral”. RBC Capital Markets downgraded the stock to “Sector Perform” rating in Tuesday, December 1 report.

According to Zacks Investment Research, “Gold Fields Limited is one of the world’s largest unhedged gold producers with operating mines in South Africa, Ghana, and Australia.”

More news for Gold Fields Limited (ADR) (NYSE:GFI) were recently published by: Schaeffersresearch.com, which released: “Gold Fields Limited (ADR) (GFI) Call Volume Soars as Gold Stocks Suffer” on November 23, 2016. Marketwatch.com‘s article titled: “Gold Fields upgraded to outperform from sector perform at RBC Capital” and published on December 21, 2009 is yet another important article.

GFI Company Profile

Gold Fields Limited (Gold Fields), incorporated on May 3, 1968, is a gold mining company. The Firm is a producer of gold and a holder of gold reserves. The Firm 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. It operates through four divisions: South Africa, Ghana, Australia and Peru. The Company’s South African operation is South Deep. Gold Fields also owns the St. Ives mine, the Agnew mine and the Yilgarn South Assets in Australia, and has an interest in each of the Tarkwa gold mine and the Damang gold mine in Ghana. Gold Fields also owns an economic interest in the Cerro Corona mine. In Peru, Gold Fields also produces copper. In addition, Gold Fields has gold and other precious metal exploration activities and interests in Africa, Eurasia, Australasia and the Americas. Gold Fields has attributable proven and probable gold and copper reserves of approximately 46.1 million ounces of gold and over 530 million pounds of copper.

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