|Bid||5.45 x 900|
|Ask||5.46 x 27000|
|Day's Range||5.23 - 5.52|
|52 Week Range||2.20 - 5.75|
|Beta (3Y Monthly)||-0.80|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.03 (0.50%)|
|1y Target Est||4.23|
Easing monetary stance, rising geopolitical tensions have increased demand for gold as a safe haven thus pulling up its prices.
Ongoing speculation of interest rate cuts and stronger demand in India is likely to support gold prices in the back half of the year.
The country that led global gold production for a century and extracted about half the bullion mined to date is now Africa’s second-largest gold producer. Meanwhile Ghana, a country whose gold-mining industry dates back to the 19th century, is benefiting from lower-cost mines, friendlier policies and new development projects. South African industry stalwarts AngloGold Ashanti Ltd. and Gold Fields Ltd. are shifting their focus to other countries -- including Ghana -- where deposits are cheaper and easier to mine.
South Africa's rand slumped on Tuesday after data showed the worst quarterly economic contraction in a decade at the start of 2019, while stocks gained. The rand was also hammered by news that South Africa's governing party has agreed to expand the central bank's mandate to include employment and growth as well as inflation. Investors are nervous about any changes that could curb the independence of the South African Reserve Bank (SARB).
JOHANNESBURG , May 27, 2019 /PRNewswire/ -- Gold Fields Limited (Gold Fields) (JSE: GFI) (NYSE: GFI) is pleased to announce the successful buyback of $250m of the outstanding 2020 notes at 102% of par ...
FWB: 1ZX) is pleased to announce that it has completed the previously announced private placement with Gold Fields Nazca Holdings Inc., a group company of Gold Fields Limited, (“Gold Fields”) (GFI), pursuant to which a wholly-owned subsidiary of Gold Fields has acquired a 16.14% interest in the Company. The private placement involved the issue of 15,686,275 common shares of the Company (the “Chakana Shares”) at a price of $0.51 per Chakana Share for total gross proceeds of CDN$8,000,000 (the “Financing”).
JOHANNESBURG , May 9, 2019 /PRNewswire/ -- Gold Fields Limited (Gold Fields) (JSE: GFI) (NYSE: GFI) is pleased to announce that it has successfully concluded the raising of two new bonds – a US$500m 5-year ...
VANCOUVER, British Columbia, May 08, 2019 -- Asanko Gold Inc. (“Asanko” or the “Company”) (TSX, NYSE American: AKG) reports first quarter (“Q1”) 2019 operating and financial.
VANCOUVER, British Columbia, April 30, 2019 -- Asanko Gold Inc. (“Asanko” or the “Company”) (TSX, NYSE American: AKG) is pleased to announce further drill results from the.