Gold Fields
GFI

$13.34

1.84%

Market Cap: $11.9B

About: Gold Fields Ltd is a producer of gold and is a holder of gold reserves and resources in South Africa, Ghana, Australia and Peru. In Peru, the company also produces copper. The company is involved in underground and surface gold and surface copper mining and silver and related activities, including exploration, extraction, processing and smelting. It conducts underground and surface mining operations at St. Ives, underground-only operations at Agnew, Granny Smith and South Deep and surface-only open pit mining at Damang, Tarkwa and Cerro Corona. The company's revenues are derived from the sale of gold that it produces.

Employees: 6,297

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 6 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

38% more call options, than puts

Call options by funds: $66.8M | Put options by funds: $48.4M

33% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]

0% more funds holding

Funds holding: 225 [Q1] → 225 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 29

0.81% less ownership

Funds ownership: 18.94% [Q1] → 18.13% (-0.81%) [Q2]

10% less capital invested

Capital invested by funds: $2.7B [Q1] → $2.42B (-$281M) [Q2]

29% less repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 89

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Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$13.50

1%

upside

Avg. target

$16.03

20%

upside

High target

$18

35%

upside

6 analyst ratings

0 positive

0%

5 neutral

83%

1 negative

17%

Scotiabank Tanya Jakusconek 61% 1-year accuracy 11 / 18 met price target	27%upside $17	Sector Perform Maintained	26 Aug 2024
Scotiabank Tanya Jakusconek 61% 1-year accuracy 11 / 18 met price target	35%upside $18	Sector Perform Maintained	19 Aug 2024
JP Morgan Allan Cooke 0 / 0 met price target	25%upside $16.70	Neutral Maintained	3 Jul 2024
BMO Capital Raj Ray 100% 1-year accuracy 4 / 4 met price target	5%upside $14	Market Perform Upgraded	26 Jun 2024
BMO Capital Raj Ray 100% 1-year accuracy 4 / 4 met price target	1%upside $13.50	Underperform Maintained	14 Jun 2024

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Financial journalist opinion

Based on 10 articles about GFI published over the past 30 days

Snowflake, JD.com And Temu Parent PDD Are Among Top 8 Large Cap Losers Last Week (Aug 18-Aug 24): Are The Others In Your Portfolio?

These eight large-cap stocks were the worst performers in the last week. Are they in your portfolio?

Snowflake, JD.com And Temu Parent PDD Are Among Top 8 Large Cap Losers Last Week (Aug 18-Aug 24): Are The Others In Your Portfolio?

Gold Fields' Half-Year Earnings: Not As Bad As Some Might Have Feared

Gold Fields Limited reported disheartening first-half results on Friday, leading to a near 10% drop in stock price. Production decreased, costs increased, and guidance was downgraded for the full year. However, most of the company's production headwinds were non-core events, such as weather disruptions and fatalities. Despite its operational challenges, the normalization of operations, rising gold prices, and a lucrative dividend policy may present a buying opportunity.

Gold Fields' Half-Year Earnings: Not As Bad As Some Might Have Feared

Gold Fields Limited (GFI) Q2 2024 Earnings Call Transcript

Gold Fields Limited (NYSE:GFI ) Q2 2024 Earnings Call Transcript August 23, 2024 1:00 AM ET Company Participants Mike Fraser - CEO Alex Dall - Interim CFO Mike Fraser Good day all and thank you for joining us today for the presentation of our operational and financial results for the six months ending 30th of June 2024. With me today is our Interim CFO, Alex Dall.

Gold Fields Limited (GFI) Q2 2024 Earnings Call Transcript

The Motley Fool

Why Gold Fields Stock Tumbled 8% Today

Gold Fields' production fell 20% in the first half of 2024, and earnings dropped 16%.

Why Gold Fields Stock Tumbled 8% Today

Zacks Investment Research

Gold Fields (GFI) to Boost Portfolio With Osisko Mining Deal

Gold Fields (GFI) to acquire Osisko Mining to become the sole owner of the Windfall Project.

Gold Fields (GFI) to Boost Portfolio With Osisko Mining Deal

Trade of the Day: Gold Fields (GFI) Stock Offers a Contrarian Opportunity

While the precious metals complex largely enjoyed a positive session on Monday thanks to gold's spot price rising, South African gold miner Gold Fields (NYSE: GFI ) suffered the opposite trajectory: GFI stock stumbled and quite badly, losing roughly 5% of market value. Driving the sentiment downward was the company's announced acquisition of Canada's Osisko Mining (OTCMKTS: OBNNF ) in a deal valued at $2.16 billion.

Trade of the Day: Gold Fields (GFI) Stock Offers a Contrarian Opportunity

Proactive Investors

Gold Fields seals multibillion-dollar deal for Osisko Mining

Gold Fields Limited (ADR) (NYSE:GFI) has announced its acquisition of Osisko Mining (TSX:OR.WT) in a substantial $2.16 billion (US$1.6 billion) deal, underscoring its strategy to expand amid surging gold prices. The South African mining giant will acquire Osisko's Windfall gold project, paying $4.90 per share—a 66.7% premium over Osisko's closing price last Friday, as reported by Bloomberg.

Gold Fields seals multibillion-dollar deal for Osisko Mining

Gold Fields to Acquire Osisko Mining for C$2.16 Billion

Consideration of C$4.90 in cash per Osisko share represents 55% premium to 20-day VWAP Board of Directors unanimously recommends Osisko shareholders vote in FAVOUR of the Transaction TORONTO, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Osisko Mining Inc. ("Osisko") (TSX:OSK) is pleased to announce that it has entered into a definitive arrangement agreement dated August 12, 2024 (the "Arrangement Agreement") pursuant to which Gold Fields Limited, through a 100% owned Canadian subsidiary (the "Purchaser" or "Gold Fields"), has agreed to acquire all of the issued and outstanding common shares of Osisko (the "Shares") at a price of C$4.90 per Share (the "Consideration"), in an all-cash transaction valued at approximately C$2.16 billion on a fully diluted basis (the "Transaction"). The Transaction will be completed by way of a statutory plan of arrangement under the Business Corporations Act (Ontario).

Gold Fields to Acquire Osisko Mining for C$2.16 Billion

Gold Fields to buy Canadian miner Osisko in $1.57 billion cash deal

Gold Fields Ltd has agreed to acquire Osisko Mining for C$2.16 billion ($1.57 billion), it said on Monday, barely two years after an attempt to buy another Canadian miner was scuppered by a rival offer.

Gold Fields to buy Canadian miner Osisko in $1.57 billion cash deal

Gold Fields to Acquire Osisko Mining for C$2.16 Billion

Consideration of C$4.90 in cash per Osisko share represents 55% premium to 20-day VWAP Board of Directors unanimously recommends Osisko shareholders vote in FAVOUR of the Transaction TORONTO, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Osisko Mining Inc. ("Osisko") (TSX:OSK) is pleased to announce that it has entered into a definitive arrangement agreement dated August 12, 2024 (the "Arrangement Agreement") pursuant to which Gold Fields Limited, through a 100% owned Canadian subsidiary (the "Purchaser" or "Gold Fields"), has agreed to acquire all of the issued and outstanding common shares of Osisko (the "Shares") at a price of C$4.90 per Share (the "Consideration"), in an all-cash transaction valued at approximately C$2.16 billion on a fully diluted basis (the "Transaction"). The Transaction will be completed by way of a statutory plan of arrangement under the Business Corporations Act (Ontario).

Gold Fields to Acquire Osisko Mining for C$2.16 Billion

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