Gold Fields Limited (NYSE:GFI) price closed higher on Tuesday, September 27, jumping 1.96% above its previous close. A look at the daily price movement shows that the last close reads $7.15, with intraday deals fluctuated between $7.265 and $7.47. The company’s 5Y monthly beta was ticking 0.42 while its P/E ratio in the trailing 12-month … Gold Fields Limited (NYSE: GFI) Jumps 1.96% In Recent Session, What Are The Points You Absolutely Need To Consider? Read More »
Gold Fields Limited with ticker code (GFI) now have 4 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 18 and 12 with a mean TP of 13.81. Given that the stocks previous close was at 7.15 this indicates there is a potential upside of 93.1%. The day 50 moving average is 8.57 and the 200 day moving average is 11.12. The market cap for the company is $6,958m. Company Website: https://www.goldfields.com [stock_market_widget type="chart" template="basic" color="green" assets="GFI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $13,439m based on the market concensus. Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, Australia, and Peru. The company also explores for copper deposits. It holds interests in 9 operating mines with an annual gold-equivalent production of approximately 2.34 million ounces, as well as gold mineral reserves of approximately 48.6 million ounces and mineral resources of approximately 111.8 million ounces.
“There hasn’t been a major exodus of our top shareholders,” CEO Chris Griffith says.
(Bloomberg) -- Gold Fields Ltd.’s top executive said disquiet over the South African miner’s $7 billion offer to buy Canada’s Yamana Gold Inc. hasn’t resulted in an exodus among its top shareholders.
''We absolutely remain confident in our ability to get the deal over the line,'' Griffith said.
Initial concerns over Gold Fields'' (GFI) $7B offer to buy Yamana Gold (AUY) have not caused an exodus among top shareholders, CEO Chris Griffith said Tuesday, according to…
Gold Fields had a better-than-expected production quarter. Click here for a full investment analysis of GFI stock and my price targets.
VANCOUVER, BC / ACCESSWIRE / September 15, 2022 / Torq Resources Inc. (TSXV:TORQ)(OTCQX:TRBMF) ("Torq" or the "Company") is pleased to announce that it has closed the C$15 million non-brokered private placement with a wholly owned affiliate of NYSE …
Gold Fields (GFI) had declared $0.143/share dividend
Gold Fields Limited with ticker code (GFI) now have 4 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 18 and 12 with a mean TP of 13.81. With the stocks previous close at 8.44 this now indicates there is a potential upside of 63.6%. There is a 50 day moving average of 8.88 while the 200 day moving average is 11.28. The company has a market capitalisation of $6,933m. Visit the company website at: https://www.goldfields.com [stock_market_widget type="chart" template="basic" color="green" assets="GFI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $11,344m based on the market concensus. Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, Australia, and Peru. The company also explores for copper deposits. It holds interests in 9 operating mines with an annual gold-equivalent production of approximately 2.34 million ounces, as well as gold mineral reserves of approximately 48.6 million ounces and mineral resources of approximately 111.8 million ounces.
VANCOUVER, BC , Sept. 8, 2022 /CNW/ - Vizsla Copper Corp. (TSX.V: VCU) (" Vizsla Copper " or the " Company ") is pleased to announce that it has entered into a definitive arrangement agreement dated September 7, 2022 (the " Arrangement Agreement ") with Consolidated Woodjam Copper Corp. (TSX.V: WCC) (" WCC ") whereby Vizsla Copper will acquire all of the issued and outstanding common shares of WCC (the " WCC Shares ") pursuant to a plan of arrangement (the " Arrangement "). WCC is engaged in copper, gold and molybdenum exploration and development on the Woodjam project (the " Woodjam Project " or the "Project" ) in central British Columbia . The Woodjam Project is located near the community of Horsefly, approximately 55 kilometers east of the regional center of Williams Lake, British Columbia . TRANSACTION HIGHLIGHTS: Significant Resource Base. The Project contains multiple porphyry deposits with combined historical resource estimates containing approximately 1.7 billion pounds of copper and almost 1 million ounces of gold 1, 2, 3, 4 .
Gold Fields Limited (NYSE:GFI) price is hovering higher on Wednesday, September 07, jumping 0.89% above its previous close. A look at today’s price movement shows that the recent level at last check reads $7.90, with intraday deals fluctuating between $7.88 and $8.2401. The company’s 5Y monthly beta was ticking 0.42 while its P/E ratio in … What Are Gold Fields Limited’s Short-Term Prospects? Read More »
Gold Fields Limited found using ticker (GFI) now have 4 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 18 and 12 with a mean TP of 13.81. Now with the previous closing price of 8.17 this now indicates there is a potential upside of 69.0%. The day 50 moving average is 8.97 while the 200 day moving average is 11.33. The market capitalisation for the company is $7,251m. Find out more information at: https://www.goldfields.com [stock_market_widget type="chart" template="basic" color="green" assets="GFI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $12,257m based on the market concensus. Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, Australia, and Peru. The company also explores for copper deposits. It holds interests in 9 operating mines with an annual gold-equivalent production of approximately 2.34 million ounces, as well as gold mineral reserves of approximately 48.6 million ounces and mineral resources of approximately 111.8 million ounces.
(Kitco News) - Torq Resources (TSX-V: TORQ) today announced a C$15 million non-brokered private placement with a wholly owned affiliate of major global gold producer Gold Fields, at a purchase price of C$1.00 per share.
Gold miners have traditionally had terrible capital discipline.
The following slide deck was published by Gold Fields Limited in conjunction with their 2022 Q2 earnings call.
Gold Fields (GFI) +2.2% in Thursday''s trading after reporting strong gains in H1 profit, driven by higher metal prices and increased production.The South African miner said H1 net…
Gold Fields Ltd. Chief Executive Officer Chris Griffith said he’s getting positive investor feedback on the miner’s $7 billion acquisition of Canada’ Yamana Gold Inc. after initial concerns it was paying too much.
Companies Reporting Before The Bell • Gold Fields (NYSE: GFI ) is likely to report earnings for its first quarter. • 111 (NASDAQ: YI ) is projected to report earnings for its second quarter. • Golden Ocean Group (NASDAQ: GOGL ) is projected to report earnings for its second quarter. • Grab Hldgs (NASDAQ: GRAB ) is expected to report earnings for its second quarter. • Yatsen Holding (NYSE: YSG ) is expected to report earnings for its second quarter. • Canadian Imperial Bank (NYSE: CM ) is expected to report quarterly earnings at $1.83 per share on revenue of $5.54 billion. • Toronto-Dominion Bank (NYSE: TD ) is projected to report earnings for its third quarter. • Titan Machinery (NASDAQ: TITN ) is likely to report quarterly earnings at $0.70 per share on revenue of $439.77 million. • Dollar Tree (NASDAQ: DLTR ) is expected to report quarterly earnings at $1.58 per share on revenue of $6.79 billion. • Lancaster Colony (NASDAQ: LANC ) is expected to report quarterly earnings at $0.80 per share on revenue of $410.82 million. • Abercrombie & Fitch (NYSE: ANF ) is expected to report quarterly earnings at $0.22 per share on revenue of $843.56 million. • Frontline (NYSE: FRO ) is projected to report quarterly earnings at $2.70 per share on revenue of $1.53 billion. • Malibu Boats (NASDAQ: MBUU ) is likely to report quarterly earnings at $2.29 per share on revenue of $331.03 million. • iClick Interactive Asia (NASDAQ: ICLK ) is likely to report quarterly loss at $0.06 per share on revenue of $51.39 million. • Peloton Interactive (NASDAQ: PTON ) is estimated to report quarterly loss at $0.72 per share on …
Gold Fields Limited (NYSE:GFI) price on Wednesday, August 17, rose 0.22% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $8.95. A look at the stock’s price movement, the level at last check in today’s session was $8.93, moving within a range at $8.845 and $9.25. The beta … Gold Fields Limited (NYSE:GFI) Shares In 2022: Bullish Prospects Read More »
As the U.S. Dollar strengthens, now may not seem like the right time to buy gold stocks. Especially as the Federal Reserve appears likely to continue raising interest rates to combat inflation. Further rate hikes could send the U.S. Dollar Index, already at multi-year highs, even higher. The Fed’s interest rate hike has already put pressure on gold prices, as it has on other hedges to the dollar. Since beginning to raise rates in March, spot gold prices have sunk from over $2,000 an ounce to just under $1,800 per ounce. Still, that doesn’t mean you should avoid having any exposure to gold in your portfolio. In fact, it’s wise to have some exposure, as a hedge. Why? It’s possible that the current combination of monetary tightening and a slowdown in the economy could lead to stagflation . Stagflation is bad news for stocks, but good news for gold prices. As they can produce outsized returns relative to increases in the price of gold ( due to operating leverage ), adding some gold stocks (like these) to your portfolio can be a great stagflation hedge.
Gold Fields Limited is the seventh-largest holding in the GDX fund. See why I consider GFI stock has cheap valuation and upside momentum ahead of earnings.
Gold Fields (GFI) +3.8% in Thursday''s trading after saying it expects H1 profit to rise by as much as one third, driven by higher gold prices and production despite higher…
This is a merger arbitrage setup in the gold mining industry currently offering a ~34% annualized return if the merger closes as expected.
Miner flags greater production volumes and higher gold price
While it may be odd to start a list of best gold stocks to buy now with a caveat, investors ought to know that the narrative for precious metals is extremely risky. At the same time, contrarianism tends to be very profitable as fewer people are looking at the target trade. Therefore, once the public gets wind of the bullish opportunity, the wave comes in, driving up the sector to potentially ridiculous heights. That’s the optimistic thesis. In reality, investors must have incredibly strong conviction to take a dip in the precious metals sector, even with the so-called best gold stocks to buy now. At the moment, a strong U.S. dollar index buoyed by the Federal Reserve’s commitment to killing inflation has imposed an ugly environment for gold and other commodities. Nevertheless, two factors bolster the case for the best gold stocks to buy now. First is the fear trade. What I mean is that with economic and geopolitical scourges going all biblical on everybody, there’s a lot of fear in the air.
(Kitco News) - Gold Fields will apply to have its securities listed on the TSX, subject to the completion of the transaction. Gold Fields is already list on the Johannesburg Stock Exchange (JSE) and secondary listing of American depositary shares on the New York Stock Exchange.
Stocks in Toronto fell on Monday as fresh COVID-19 curbs in China and worries over a potential global economic slowdown due to looming interest rate hikes dented oil and metal prices. The S&P/TSX stumbled 160.44 points to begin Monday at 18,862.42. The Canadian dollar slumped 0.53 cents to 76.70 cents U.S. South Africa''s Gold Fields promised higher dividends and a TSX listing to sweeten its proposed takeover of Canada''s Yamana Gold. Yamana shares inched up four cents to $6.23. Rogers Communications complicated its chances of getting antitrust approval for a $20-billion telecom merger after Friday''s massive outage highlighted the perils of Canada''s effective telecom monopoly and sparked a backlash against its industry dominance. Rogers shares faltered $1.12, or 1.8%, to $60.42. ON BAYSTREET The TSX Venture Exchange docked 3.5 points to 611.88. All but two of the 12 TSX subgroups lost ground, with information technology sliding 2.7%, health-care down 2.1%, and energy failing 1.2%. The two gainers were gold, up 0.5%, and utilities, better by 0.4%.
JOHANNESBURG, July 11, 2022 /PRNewswire/ -- Gold Fields Limited (Gold Fields) (JSE: GFI) (NYSE: GFI) is pleased to provide a market update regarding the proposed acquisition of all the outstanding common shares of Yamana Gold Inc. (TSX: YRI) (NYSE: AUY) (LSE: AUY) (Yamana) (the…
GOLD Fields is sticking by its fixed share ratio offer for Yamana Gold, the company’s CEO Chris Griffith today. “The bid is not changing,” he said. “We have engaged with a lot of shareholders on the offer which we think makes sense.” Gold Fields intends to provide the market with a detailed update on the transaction […]
Gold Fields (GFI) shareholders who are skeptical of the company''s $7B takeover offer for Yamana Gold (AUY) will come around to the deal''s benefits, Yamana Executive Chairman Peter…
The few Gold Fields Ltd. shareholders who expressed reservations about the South African company’s $7 billion takeover offer for Yamana Gold Inc. will come around to the deal’s benefits.
Gainers: Gold Resource (GORO) +11%. Harmony Gold Mining Company (HMY) +9%.Gold Fields (GFI) +7%. Hallador Energy (HNRG) +7%. Losers: Clean Energy Fuels (CLNE) -13%. PEDEVCO (PED) -13%.
A top-10 investor in South Africa’s Gold Fields on Friday urged the miner to cancel its planned takeover of Canada-based Yamana Gold, saying the $6.7 billion transaction was expensive and did not guarantee growth and profitability. Shares in the South African miner plunged 20% on May 31, when it announced the all-share transaction that would […]
U.S. stocks pared losses midway through trading, with the Nasdaq Composite turning higher on Tuesday. The Dow traded down 0.18% to 33,154.67 while the NASDAQ rose 0.20% to 12,155.91. The S&P also fell, dropping, 0.12% to 4,153.24. Also check this: Home Depot And 2 Other Stocks Insiders Are Buying Leading and Lagging Sectors Energy shares jumped by 1.3% on Tuesday. Meanwhile, top gainers in the sector included Indonesia Energy Corporation Limited (NYSE: INDO ), up 15% and Ecopetrol S.A. (NYSE: EC ) up 14%. In trading on Tuesday, real estate shares fell 1.3%. Top Headline US goods trade deficit shrank to $105.9 billion in April from a revised record high of $125.9 billion in the previous month, as exports rose 3.1% to a fresh all-time high of $173.9 billion. Equities Trading UP TherapeuticsMD, Inc. (NASDAQ: TXMD ) shares shot up 361% to $9.86 after the company announced it has entered into a definitive merger agreement to be acquired by an affiliate of EW Healthcare Partners. Shares of JanOne Inc. (NASDAQ: JAN ) got a boost, shooting 88% to $4.20 after the company announced it …
NEW YORK , May 31, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MULN, SNAP, TAL, GFI, and MRO. … Full story available on Benzinga.com
Shares of Yamana Gold (NYSE: AUY ) are up about 15% on news that the Canadian mining company is being acquired by South Africa’s Gold Fields (NYSE: GFI ) in an all-stock deal worth $6.7 billion that will create the world’s fourth largest gold producer. Gold Fields said it will own about 61% of the combined company once the deal is closed, while Yamana Gold shareholders will own 39%. Yamana currently operates gold mines in Canada, Argentina, Chile, and Brazil, and Gold Fields said the acquisition fits its “strategy of expanding in the Americas.” Prior to today’s move higher, shares of Yamana Gold had risen 33% year-to-date to $5.61 as commodity prices have risen and gold price firmed up in recent months. Gold Fields’ stock is down over 20% today on news of the acquisition, erasing all of its gains for the current year. What Happened In a news release , Gold Fields said that it is offering a sixth of one of its shares for each Yamana Gold share. The deal represents a 34% premium to Yamana stock’s closing price last Friday (May 27).
AT 61 years Alberto Calderon, AngloGold Ashantis new CEO, is but a year younger than Nick Holland who stepped down from Gold Fields in terms of its mandatory retirement age. Calderon is putting off retirement for as long as possible. I spoke to friends and I knew that I did not want to be a [] The post Becoming a non-executive would have been boring says AngloGold CEO, Alberto Calderon appeared first on Miningmx .
This move is a reversal from the day prior, which saw price move up. The post Gold Fields Ltd (GFI): Price Now Near $9.16; Daily Chart Shows Downtrend on 50 Day Basis appeared first on ETF Daily News .
ADMA Biologics, Inc. (ADMA) with the stream of 3.38% also noticed, India Gold Fields Limited (GFI) encountered a rapid change of -3.22% in the last hour of trading session. ADMA The post Traders cant mares this Stock: ADMA Biologics, Inc. (NASDAQ:ADMA), Gold Fields Limited (NYSE:GFI) appeared first on Stocks Equity .
Gold Fields Limited (NYSE:GFI) with the stream of 2.82% also noticed, India Hanesbrands Inc. (NYSE:HBI) encountered a rapid change of 3.67% in the last hour of trading session. Gold Fields The post Investors must not feel shy to buy this Stock: Gold Fields Limited (NYSE:GFI), Hanesbrands Inc. (NYSE:HBI) appeared first on Stocks Equity .
Golden Nugget Online Gaming, Inc. (GNOG) with the stream of 7.71% also noticed, India Gold Fields Limited (GFI) encountered a rapid change of -2.02% in the last hour of Thursdays The post Volume Buzz: Golden Nugget Online Gaming, Inc. (NASDAQ:GNOG), Gold Fields Limited (NYSE:GFI) appeared first on Stocks Equity .
Gold Fields Limited (NYSE:GFI) with the stream of -0.16% also noticed, India Gran Tierra Energy Inc. (AMEX:GTE) encountered a rapid change of -3.11% in the last hour of Wednesdays trading The post Remarkable Stock in Focus: Gold Fields Limited (NYSE:GFI), Gran Tierra Energy Inc. (AMEX:GTE) appeared first on Stocks Equity .
SANTIAGO A Chilean enquiry into whether attempts to move a herd of chinchillas to make way for a gold mine harmed the endangered animals should be completed in the coming months, the environmental regulators head told Reuters. South Africas Gold Fields Ltd, which is building the $860 million Salares Norte mine high in the []
A Chilean inquiry into whether attempts to move a herd of chinchillas to make way for a gold mine that harmed the endangered animals should be completed in the coming months, the environmental regulator''s head told Reuters. South Africa''s Gold Fields Ltd, which is building the $860 million Salaries Norte mine high in the Andes mountains, has been working with Chilean authorities since 2020 to relocate the chinchillas.
SANTIAGO A Chilean environmental regulators probe into whether a group of endangered short-tailed chinchillas was harmed by attempts to move them so that a gold mine could be built will likely wrap up in the coming months, the environmental regulators head told Reuters. South Africas Gold Fields Ltd, which is building the $860 million []
In Chile, a group of rare chinchillas live atop 3.5 million ounces of gold. Attempts to relocate them have faltered.
A Chilean environmental regulator''s probe into whether a group of endangered short-tailed chinchillas was harmed by attempts to move them so that a gold mine could be built will likely wrap up "in the coming months," the environmental regulator''s head told Reuters.
Vancouver, B.C. - TheNewswire - July 6, 2021 - Consolidated Woodjam Copper Corp. ( Woodjam or the Company ) (TSXV:WCC) (OTC:CWMCF) is pleased to announce that drilling is underway at the Woodjam property at the town of Horsefly, BC, approximately 50 km northeast of the city of Williams Lake. The first hole has been collared in the Southeast Zone and is now coring bedrock. Infill drilling by Gold Fields in 2010 targeted a higher grade central area in the Southeast Zone where apparently northeast trending zones of higher grade material had been identified. It is also apparent that this central area carries significantly higher gold values than much of the deposit. The in-fill drilling brought the drill spacing down from greater than 100 m and resulted in outlining a significantly larger area of high grade. In recent data review it is apparent that the drill spacing remains greater than might be optimum for quantifying grade averages and to test this, hole SE21-89 was placed to reduce the hole to hole spacing to 50 m.
One of the countrys biggest gold producers, Gold Fields Ghana has launched a new website to aid and expand their activities and get closer to all stakeholders. The website will provide information about the companys mining operations, sustainability practices, commitment to health and safety and Covid-19 interventions made by the company as well as to []