At the time of writing, Gold Fields Ltd ADR [GFI] stock is trading at $14.40, up 4.12%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GFI shares have gain 14.74% over the last week, with a monthly amount drifted -8.92%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 21, December 2023, Gold Fields to Acquire Additional Shares of Galiano Gold Upon Disposal of its Interest In the Asanko Gold Mine. In a post published today on Yahoo Finance, Gold Fields Limited (“Gold Fields”) announces that certain of its wholly-owned subsidiaries have entered a share purchase agreement dated December 20, 2023 (the “Share Purchase Agreement”) with Galiano Gold Inc. (formerly Asanko Gold Inc.) (“Galiano”) and certain of its affiliates, pursuant to which all of Gold Fields’ interest in the Asanko joint venture in Ghana (the “Asanko JV”) will be acquired, directly or indirectly, by Galiano and its subsidiaries (the “Transaction”).
From an analyst’s perspective:
Gold Fields Ltd ADR [NYSE: GFI] stock has seen the most recent analyst activity on February 02, 2024, when BMO Capital Markets downgraded its rating to a Underperform and also revised its price target to $12 from $14. Previously, Morgan Stanley downgraded its rating to Underweight on October 18, 2023. On October 12, 2023, upgrade upgraded it’s rating to Neutral but maintained its price target of $14 on the stock. JP Morgan downgraded its rating to a Underweight. JP Morgan downgraded its rating to a Neutral but $15.30 remained the price target by the analyst firm on April 04, 2022. In a note dated March 17, 2022, BMO Capital Markets downgraded an Market Perform rating on this stock but restated the target price of $15.
For the past year, the stock price of Gold Fields Ltd ADR fluctuated between $9.00 and $17.78. Gold Fields Ltd ADR [NYSE: GFI] shares were valued at $14.40 at the most recent close of the market.
Analyzing the GFI fundamentals
Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.31%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.23 and Total Capital is 0.33. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.39.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.98 points at the first support level, and at 13.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.63, and for the 2nd resistance point, it is at 14.85.
Ratios To Look Out For
It is important to note that Gold Fields Ltd ADR [NYSE:GFI] has a current ratio of 1.15. Also, the Quick Ratio is 1.12, while the Cash Ratio stands at 0.41. Considering the valuation of this stock, the price to sales ratio is 2.85, the price to book ratio is 2.87 and price to earnings (TTM) ratio is 18.54.
