GFI Stock Summary and Trading Ideas (Gold Fields Limited American Depositary Shares | NYSE:GFI)

Gold Fields Ltd is a producer of gold and is a holder of gold reserves and resources in South Africa, Ghana, Australia and Peru. In Peru, the company also produces copper. The company is involved in underground and surface gold and surface copper mining and silver and related activities, including exploration, extraction, processing and smelting. It conducts underground and surface mining operations at St. Ives, underground-only operations at Agnew, Granny Smith and South Deep and surface-only open pit mining at Damang, Tarkwa and Cerro Corona. The company's revenues are derived from the sale of gold that it produces.

Gold Fields Limited American Depositary Shares trades on the NYSE stock market under the symbol GFI.

As of April 19, 2024, GFI stock price declined to $17.65 with 4,941,622 million shares trading.

GFI has a beta of 1.46, meaning it tends to be more sensitive to market movements. GFI has a correlation of 0.10 to the broad based SPY ETF.

GFI has a market cap of $15.77 billion. This is considered a Large Cap stock.

In the last 3 years, GFI stock traded as high as $18.97 and as low as $7.03.

The top ETF exchange traded funds that GFI belongs to (by Net Assets): GDX, PID, GNR, AVEM, DFAE.

GFI stock has underperformed the market in the last year with a return of +17.7%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in GFI shares. However, GFI has outperformed the market in the last 3 month and 2 week periods, returning +43.2% and +5.8%, while SPY returned +4.3% and -3.5%, respectively. This indicates GFI has been having a stronger performance recently.

GFI support price is $17.21 and resistance is $18.33 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GFI stock will trade within this expected range on the day.