Gold Fields Limited – Consensus Indicates Potential -8.6% Downside

Broker Ratings
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Gold Fields Limited with ticker code (GFI) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 15 and 12 with the average target price sitting at 12.81. Now with the previous closing price of 14.02 this indicates there is a potential downside of -8.6%. There is a 50 day moving average of 11.07 and the 200 moving average now moves to 10.01. The market cap for the company is $12,863m. Company Website: https://www.goldfields.com

The potential market cap would be $11,753m based on the market concensus.

Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, Australia, and Peru. The company also explores for copper deposits. It holds interests in 9 operating mines with an annual gold-equivalent production of approximately 2.24 million ounces, as well as gold mineral reserves of approximately 52.1 million ounces and mineral resources of approximately 116.0 million ounces. Gold Fields Limited was founded in 1887 and is based in Sandton, South Africa.

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