Relative Strength Index (RSI)
|Bid||12.68 x 3200|
|Ask||12.82 x 3100|
|Day's Range||12.48 - 12.84|
|52 Week Range||7.03 - 16.92|
|Beta (5Y Monthly)||0.63|
|PE Ratio (TTM)||15.61|
|Forward Dividend & Yield||0.41 (3.48%)|
|Ex-Dividend Date||Mar 16, 2023|
|1y Target Est||11.78|
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The executive Vice President and head of Gold Fields West Africa, Joshua Mortoti, said on Friday he saw the conclusion of a proposed joint venture agreement with AngloGold on their Ghanaian mines by the end of 2023 or early next year. He added there were also plans to earnestly engage the government by the middle of April on the proposed joint venture. Gold Fields and AngloGold would own 60% and 30% of the joint operation, respectively, with the Ghanaian government holding 10%, AngloGold CEO Alberto Calderon said last week.
The executive Vice President and head of Gold Fields West Africa, Joshua Mortoti, said on Friday he saw the conclusion of the proposed joint venture agreement with AngloGold by the end of 2023 or early next year.
Gold is typically a safe haven investment that offers stability during challenging economic conditions. The asset typically has a low correlation with the stock, bond, and crypto markets, so it’s prudent to invest in the best gold stocks now. 2022 was an incredibly tough year for financial markets. The S&P 500 dipped 19.4%, while the crypto market and 30-Year U.S. Treasury Bond futures shed 64% and 21.6% of their values in 2022. Conversely, the growth in the gold futures contract remained flat.