Gold Fields Ltd. (NYSE:GFI) saw strong trading volume on Monday . 5,736,284 shares changed hands during mid-day trading, an increase of 1% from the previous session’s volume of 5,695,843 shares.The stock last traded at $4.96 and had previously closed at $5.06.
A number of research analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Gold Fields from a “buy” rating to a “hold” rating in a report on Friday, July 15th. Goldman Sachs Group Inc. raised shares of Gold Fields from a “sell” rating to a “neutral” rating in a report on Monday, June 27th. JPMorgan Chase & Co. raised shares of Gold Fields from an “underweight” rating to a “neutral” rating in a report on Tuesday, July 12th. Macquarie raised shares of Gold Fields from a “neutral” rating to an “outperform” rating in a report on Friday, September 2nd. Finally, Citigroup Inc. reissued a “sell” rating on shares of Gold Fields in a report on Thursday, August 18th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. Gold Fields presently has an average rating of “Hold” and an average price target of C$4.75.
The stock’s market capitalization is $4.28 billion. The company has a 50-day moving average of $5.96 and a 200-day moving average of $4.75.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/12/gold-fields-ltd-gfi-sees-unusually-high-trading-volume.html
The business also recently disclosed a dividend, which will be paid on Monday, September 12th. Shareholders of record on Friday, September 9th will be given a $0.037 dividend. The ex-dividend date of this dividend is Wednesday, September 7th. This is a positive change from Gold Fields’s previous dividend of $0.03. Gold Fields’s dividend payout ratio is currently -12.90%.
Gold Fields Company Profile
Gold Fields Limited (Gold Fields) is a gold mining company. The Company is a producer of gold and a holder of gold reserves. The Company is involved in underground and surface gold and copper mining and related activities, including exploration, development, extraction, processing and smelting. It has approximately eight producing mines located in South Africa, Ghana, Australia and Peru.
Receive News & Ratings for Gold Fields Ltd. Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Gold Fields Ltd. and related companies with MarketBeat.com’s FREE daily email newsletter.