|Bid||9.58 x 1000|
|Ask||9.59 x 1000|
|Day's Range||9.53 - 9.74|
|52 Week Range||7.75 - 17.20|
|Beta (5Y Monthly)||0.42|
|PE Ratio (TTM)||9.07|
|Forward Dividend & Yield||0.32 (3.48%)|
|Ex-Dividend Date||Mar 10, 2022|
|1y Target Est||13.81|
Gold Fields Limited (Gold Fields) (JSE, NYSE: GFI) advises that headline earnings per share for the six months ended 30 June 2022 (H1 2022) are expected to range from US$0.56-0.60 per share (US$0.11-0.15 per share higher), which is 24% to 33% higher than the headline earnings of US$0.45 per share reported for the six months ended 30 June 2021 (H1 2021). The increase in headline earnings is driven by higher production and gold price, partially offset by higher costs.
Gold Fields Chief Executive Chris Griffith said on Tuesday that convincing the company's shareholders to back its takeover offer for Canada's Yamana Gold was still a "work in progress". The South Africa listed miner, with assets in Australia, Africa and South America, announced plans in May to acquire Yamana in an all-share deal valuing the Canada-listed miner at $6.7 billion on May 31.
Before I turn the call over, I need to advise that certain statements made during this call today may contain forward-looking information and actual results could differ from the conclusions or projections in that forward-looking information, which include, but are not limited to, statements with respect to the estimation of mineral reserves and resources, the timing and amount of estimated future production, cost of production, capital expenditures, future metal prices and the cost and timing of the development of new projects. For a complete discussion of the risks, uncertainties and factors which may lead to actual financial results and performance being different from the estimates contained in the forward-looking statements, please refer to Yamana's press release issued yesterday announcing second quarter 2022 results as well as the management's discussion and analysis for the same period and other regulatory filings in Canada and the United States.