Gold Fields Ltd ADR (GFI) Shares Down Despite Recent Market Volatility

Gold Fields Ltd ADR (NYSE: GFI) has experienced a decline in its stock price by -1.07 compared to its previous closing price of 15.35. However, the company has seen a fall of -7.13% in its stock price over the last five trading days. kitco.com reported 2024-09-23 that Michael McCrae is leading Kitco’s coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.

Is It Worth Investing in Gold Fields Ltd ADR (NYSE: GFI) Right Now?

Gold Fields Ltd ADR (NYSE: GFI) has a higher price-to-earnings ratio of 21.81x compared to its average ratio, The 36-month beta value for GFI is at 1.20. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 as “hold,” and 2 as “sell.”

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The public float for GFI is 895.01M, and currently, shorts hold a 0.94% of that float. The average trading volume for GFI on October 08, 2024 was 3.31M shares.

GFI’s Market Performance

GFI stock saw an increase of -7.13% in the past week, with a monthly gain of 12.82% and a quarterly increase of -4.62%. The volatility ratio for the week is 1.96%, and the volatility levels for the last 30 days are 2.79% for Gold Fields Ltd ADR (GFI). The simple moving average for the past 20 days is 0.02% for GFI’s stock, with a -0.38% simple moving average for the past 200 days.

Analysts’ Opinion of GFI

Many brokerage firms have already submitted their reports for GFI stocks, with BofA Securities repeating the rating for GFI by listing it as a “Buy.” The predicted price for GFI in the upcoming period, according to BofA Securities is $16 based on the research report published on September 16, 2024 of the current year 2024.

GFI Trading at -0.37% 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 -19.93% of loss for the given period.

Volatility was left at 2.79%, however, over the last 30 days, the volatility rate increased by 1.96%, as shares surge +12.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.73% lower at present.

During the last 5 trading sessions, GFI fell by -6.94%, which changed the moving average for the period of 200-days by -3.64% in comparison to the 20-day moving average, which settled at $15.18. In addition, Gold Fields Ltd ADR saw 5.01% 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:

  • 0.31 for the present operating margin
  • 0.25 for the gross margin

The net margin for Gold Fields Ltd ADR stands at 0.15. The total capital return value is set at 0.18. Equity return is now at value 14.69, with 8.10 for asset returns.

Based on Gold Fields Ltd ADR (GFI), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at 1.13. The debt to equity ratio resting at 0.29. The interest coverage ratio of the stock is 23.4.

Currently, EBITDA for the company is 2.14 billion with net debt to EBITDA at 0.6. When we switch over and look at the enterprise to sales, we see a ratio of 3.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.77.

Conclusion

In conclusion, Gold Fields Ltd ADR (GFI) has had a mixed performance lately. Opinion on the stock among analysts is bearish, with some giving it a “sell” rating and others 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.

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