Media stories about Gold Fields (NYSE:GFI) have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by analyzing more than 6,000 blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Gold Fields earned a daily sentiment score of -1.17 on their scale. InfoTrie also assigned media headlines about the company an news buzz score of 10 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock’s share price in the near term.
GFI has been the subject of several research reports. Zacks Investment Research cut shares of Gold Fields from a “hold” rating to a “sell” rating in a research note on Monday, September 24th. ValuEngine raised shares of Gold Fields from a “sell” rating to a “hold” rating in a research note on Tuesday, October 2nd. Royal Bank of Canada raised shares of Gold Fields from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, September 18th. Scotiabank set a $4.00 price objective on shares of Gold Fields and gave the company a “hold” rating in a research note on Tuesday, August 14th. Finally, HSBC raised shares of Gold Fields from a “hold” rating to a “buy” rating in a research note on Friday, August 17th. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $5.02.
Shares of NYSE GFI opened at $2.80 on Friday. Gold Fields has a 52-week low of $2.20 and a 52-week high of $4.54. The firm has a market cap of $2.30 billion, a PE ratio of 11.67 and a beta of -1.31.
About Gold Fields
Gold Fields Limited produces gold and holds gold reserves and resources in South Africa, Ghana, Australia, and Peru. The company engages in underground and surface gold and surface copper mining and related activities, including exploration, extraction, processing, and smelting. It holds interests in seven 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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