3.08 -0.01 (-0.32%)
Pre-Market: 5:41AM EST
|Bid||3.06 x 3000|
|Ask||3.07 x 2200|
|Day's Range||3.0400 - 3.1400|
|52 Week Range||2.2000 - 4.5400|
|Beta (3Y Monthly)||-1.40|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.06 (1.79%)|
|1y Target Est||3.44|
The nation’s 130-year-old gold industry -- which has produced half the bullion ever mined on earth -- is locked in the final stages of a decades-long death spiral. Most of South Africa’s gold mines are unprofitable at current prices. Dwindling output has cut gold’s contribution to little more than 1 percent of the South African economy, down from 3.8 percent in 1993 -- the year before Nelson Mandela’s African National Congress won the country’s first democratic elections.
Donald Smith (Trades, Portfolio), t he president and co-chief investment officer of Donald Smith & Co., bought shares of the following stocks in both the second and third quarters. Warning! GuruFocus has detected 4 Warning Signs with AFLYY. Smith is the largest gurur shareholder of the company with 5.59% of outstanding shares.
Warning! GuruFocus has detected 3 Warning Signs with GFI. Gold Fields is a South African mining company with gold reserves and resources in South Africa, Ghana, Australia and Peru. The miner, which operates seven mines, is guiding for full-year gold production of 2 million ounces at an all-in sustaining cost of $990 to $1,010 per ounce of metal sold.
As Positive Catalysts for Gold Emerge, Which Miners May Benefit? South African miners have traditionally traded at a discount to their global counterparts, primarily due to South Africa’s laws, labor concerns, and infrastructure challenges. Among these miners, Sibanye Gold (SBGL) is trading at the highest EV-to-EBITDA (enterprise value-to-EBITDA) multiple of 4.2x—a premium of 23.0% to the peer average.
JOHANNESBURG , November 9, 2018 /PRNewswire/ -- Gold Fields Limited (NYSE: GFI) (JSE: GFI) is pleased to provide an operational update for the quarter ended 30 September 2018 . Detailed financial and operational ...
VANCOUVER, British Columbia, Nov. 08, 2018 -- Asanko Gold Inc. (“Asanko” or the “Company”) (TSX, NYSE American: AKG) reports its third quarter (“Q3”) 2018 operating and.
JOHANNESBURG , Nov. 1, 2018 /CNW/ - Gold Fields Limited (Gold Fields) (GFI) (GFI) yesterday received a notice by the National Union of Mineworkers (NUM) of its intention to embark on a protected strike at its South Deep operation in South Africa to protest retrenchments at the mine. Under South African labour law, the union is required to give 48 hours' notice of its intention to strike. Safety of employees is paramount and, if deemed necessary, South Deep would also consider cessation of production for a limited period of time.
Gold Fields Limited (Gold Fields) (GFI) (GFI) yesterday received a notice by the National Union of Mineworkers (NUM) of its intention to embark on a protected strike at its South Deep operation in South Africa to protest retrenchments at the mine. Under South African labour law, the union is required to give 48 hours' notice of its intention to strike. Safety of employees is paramount and, if deemed necessary, South Deep would also consider cessation of production for a limited period of time.
Asanko Gold Inc. (“Asanko” or the “Company”) (TSX, NYSE American: AKG) is pleased to announce the launch of the Asanko Women in Mining “Botae Pa Initiative” at the Asanko Gold Mine (“AGM”) in Ghana, West Africa. The AGM is a 50:50 joint venture (“JV”) with Gold Fields Ltd (JSE, NYSE: GFI) which is managed and operated by Asanko. Literally translated from the Ghanaian Akan language to mean “Good Purpose”, the Botae Pa Initiative is dedicated to the empowerment and furtherance of women at the Asanko Gold Mine and its catchment communities.
According to the consensus compiled by Thomson Reuters, Harmony Gold (HMY) has “buy” ratings from only 30% of the analysts covering the stock. While its percentage of “buy” ratings are in the bottom five for gold miners, analysts’ optimism for the stock has improved in the last year. A year ago, HMY stock had only 10% “buy” recommendations.
VANCOUVER, British Columbia, Sept. 19, 2018-- Asanko Gold Inc. President and CEO, Peter Breese and Gold Fields Limited CEO, Nick Holland will host a joint presentation and webcast with analysts and investors ...
Investors may want to think twice before pouncing on this coal producer and gold miner, but an under-the-radar chemical manufacturer is worth a closer look.
NEW YORK, NY / ACCESSWIRE / August 20, 2018 / Pomerantz LLP is investigating claims on behalf of investors of Gold Fields Limited. ("Gold Fields" or the "Company") (NYSE: GFI). Such ...
JOHANNESBURG , August 16, 2018 /PRNewswire/ -- Gold Fields Limited (NYSE & JSE: GFI) today announced losses attributable to owners of the parent from continuing operations for the six months to 30 June ...
NEW YORK, NY / ACCESSWIRE / August 16, 2018 / Gold Fields Limited Sponsored ADR (NYSE: GFI ) will be discussing their earnings results in their H1 Earnings Call to be held on August 16, 2018 at 9:00 AM ...
NEW YORK , Aug. 15, 2018 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Gold Fields Limited. ("Gold Fields" or the "Company") (NYSE: GFI). Such investors ...
Companies desperate to turn struggling operations around have cut jobs left and right, but the government issued a stern warning against further layoffs.
NEW YORK , Aug. 15, 2018 /PRNewswire/ -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Gold Fields Limited ("Gold Fields" ...