The stock of Gold Fields Limited (GFI) has gone up by 0.16% for the week, with a -3.38% drop in the past month and a -18.65% drop in the past quarter. The volatility ratio for the week is 2.72%, and the volatility levels for the past 30 days are 2.87% for GFI. The simple moving average for the last 20 days is 0.02% for GFI’s stock, with a simple moving average of -5.05% for the last 200 days.
Is It Worth Investing in Gold Fields Limited (NYSE: GFI) Right Now?
Gold Fields Limited (NYSE: GFI) has a higher price-to-earnings ratio of 16.69x compared to its average ratio. compared to its average ratio and a 36-month beta value of 0.96. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 7 as “hold,” and 1 as “sell.”
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The average price point forecasted by analysts for Gold Fields Limited (GFI) is $14.27, which is $3.04 above the current market price. The public float for GFI is 856.17M, and currently, short sellers hold a 0.84% ratio of that float. The average trading volume of GFI on September 18, 2023 was 4.53M shares.
GFI) stock’s latest price update
The stock price of Gold Fields Limited (NYSE: GFI) has dropped by -0.81 compared to previous close of 12.40. Despite this, the company has seen a gain of 0.16% in its stock price over the last five trading days. Kitco reported 2023-09-15 that (Kitco News) – Gold Fields said today that first gold from the company’s new Salares Norte project in Chile is still expected in Q4 2023, but has moved from the beginning to the latter part of the quarter due to issues with OEM vendor.
GFI Trading at -8.62% from the 50-Day Moving Average
After a stumble in the market that brought GFI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.83% of loss for the given period.
Volatility was left at 2.87%, however, over the last 30 days, the volatility rate increased by 2.72%, as shares surge +7.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.11% lower at present.
During the last 5 trading sessions, GFI rose by +0.16%, which changed the moving average for the period of 200-days by +15.60% in comparison to the 20-day moving average, which settled at $12.34. In addition, Gold Fields Limited saw 18.84% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GFI
Current profitability levels for the company are sitting at:
- +32.82 for the present operating margin
- +37.21 for the gross margin
The net margin for Gold Fields Limited stands at +16.59. The total capital return value is set at 24.43, while invested capital returns managed to touch 12.80. Equity return is now at value 15.80, with 8.80 for asset returns.
Based on Gold Fields Limited (GFI), the company’s capital structure generated 35.02 points at debt to equity in total, while total debt to capital is 25.94. Total debt to assets is 20.08, with long-term debt to equity ratio resting at 33.50. Finally, the long-term debt to capital ratio is 24.81.
When we switch over and look at the enterprise to sales, we see a ratio of 2.90, with the company’s debt to enterprise value settled at 0.15. The receivables turnover for the company is 23.34 and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.29.
Conclusion
To put it simply, Gold Fields Limited (GFI) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
