Gold Fields Limited (ADR) (GFI) was Upgraded by JP Morgan to ” Neutral”. Earlier the firm had a rating of “Underweight ” on the company shares. JP Morgan advised their investors in a research report released on Jul 12, 2016.
Many Wall Street Analysts have commented on Gold Fields Limited (ADR). Gold Fields Limited (ADR) was Upgraded by Goldman to ” Buy” on Jul 8, 2016. Gold Fields Limited (ADR) was Upgraded by RBC Capital Mkts to ” Outperform” on Jun 22, 2016.
Gold Fields Limited (ADR) opened for trading at $5.62 and hit $5.87 on the upside on Monday, eventually ending the session at $5.76, with a gain of 1.77% or 0.1 points. The heightened volatility saw the trading volume jump to 60,22,713 shares. Company has a market cap of $4,501 M.
Gold Fields Limited (Gold Fields) is a producer of gold with eight operating mines in Australia Ghana Peru and South Africa. The Company in Australia operates four mines that include St Ives an operation consisting of a mix of owner mined open pit and underground operations; Agnew/Lawlers a mine located in the Norseman-Wiluna Greenstone Belt; Granny Smith a mine located within the Yilgarn Craton and Darlot a mine located in the Eastern Goldfields Province of the Yilgarn Craton. In Ghana it operates two mines Tarkwa and Damang which are located in south-western Ghana. In Peru it operates Cerro Corona mine which is located 1.5 kilometers west-northwest of the village of Hualgayoc and around 600 kilometers north-northwest of the capital city Lima. In South Africa it operates South Deep Gold Mine located in the districts of Westonaria and Vanderbijlpark (Gauteng province). The Company’s other projects include Salares Norte Chile and Far Southeast Project Philippines.