Gold Fields Limited (NYSE:GFI) shares gapped down prior to trading on Friday . The stock had previously closed at $6.24, but opened at $6.08. Gold Fields shares last traded at $5.79, with a volume of 4,023,663 shares traded.
Several brokerages have commented on GFI. Zacks Investment Research downgraded Gold Fields from a “hold” rating to a “sell” rating in a report on Friday, November 15th. Royal Bank of Canada reissued a “sector perform” rating on shares of Gold Fields in a research report on Friday, August 16th. ValuEngine cut shares of Gold Fields from a “hold” rating to a “sell” rating in a research note on Wednesday, October 2nd. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Gold Fields from $6.20 to $6.00 and set a “neutral” rating for the company in a report on Thursday, September 12th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $4.64.
The stock’s fifty day simple moving average is $5.52 and its 200-day simple moving average is $5.32.
Gold Fields Company Profile (NYSE:GFI)
Gold Fields Limited operates as a gold producer with reserves and resources in South Africa, Ghana, Australia, and Peru. It holds interests in 7 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 approximately 104 million ounces.
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