Gold Fields (NYSE:GFI) Stock, Quote.Headers.trade-ideas

Gold Fields

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.

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Sapiens International Posts Downbeat Results, Joins Sky Harbour And Other Big Stocks Moving Lower In Monday&#39;s Pre-Market Session

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10 worst performing large-cap stocks in August: Super Micro, Dollar General, Snap, PDD Holdings, Intel, Tencent Music, Gold Fields, Charles River, Moderna, Neurocrine Biosciences.

Intel, Moderna And Dollar General Were Among Top 10 Large Cap Losers In August: Are The Others In Your Portfolio?

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Shares of precious metals stocks are trading lower amid a drop in gold prices following US economic data.

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Shares of precious metals stocks are trading higher amid strength in gold and silver prices. Gold may be rising amid reports of renewed China Central Bank purchases as well as geopolitical uncertainty following Assad's ouster in Syria.

JP Morgan analyst Allan Cooke maintains Gold Fields (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFI#NYSE">GFI</a>) with a Neutral and lowers the price target from $18 to $17.1.

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JP Morgan Maintains Neutral on Gold Fields, Lowers Price Target to $17.1

Gold Fields's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFI#NYSE">GFI</a>) short percent of float has risen 17.0% since its last report. The company recently reported that it has 8.85 million shares sold short, which is 1.17% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.72 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Gold Fields Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731949244_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Gold Fields has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Gold Fields's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Gold Fields's peer group average for short interest as a percentage of float is 3.77%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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Looking Into Gold Fields's Recent Short Interest

Shares of precious metals stocks are trading higher amid a rise in the price of gold and silver, which are rebounding after falling last week.

USGO

Shares of precious metals stocks are trading lower as gold prices drop amid a rise in the US dollar.

Shares of precious metals stocks are trading lower as gold and silver drop amid a rise in the US dollar.

U.S. stock futures were higher this morning, with the Dow futures gaining around 150 points on Monday.
Shares of Sapiens International Corporation N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPNS#NASDAQ">SPNS</a>) fell sharply in today's pre-market trading after the company reported worse-than-expected <a href="https://www.benzinga.com/quote/SPNS/earnings">third-quarter financial results</a>.
Sapiens Intl posted third-quarter adjusted earnings of 37 cents per share, missing market estimates of 38 cents per share. The company's quarterly sales came in at $137.03 million versus expectations of $140.07 million.
Sapiens International shares dipped 21.5% to $30.98 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Sky Harbour Group Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SKYH#NASDAQ">SKYH</a>) shares fell 9% to $10.55 in pre-market trading. Sky Harbour will report its third-quarter financial results on Tuesday, Nov. 12.</li>
<li>NuScale Power Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>) shares dipped 5.7% to $23.05 in pre-market trading after gaining 13% on Friday.</li>
<li>Tempus AI, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEM#NASDAQ">TEM</a>) fell 5.2% to $69.85 in pre-market trading after jumping 30% on Friday.</li>
<li>Xeris Biopharma Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XERS#NASDAQ">XERS</a>) dipped 4.9% to $3.30 in pre-market trading. Xeris Biopharma Holdings posted upbeat quarterly results on Friday.</li>
<li>Gold Fields Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFI#NYSE">GFI</a>) declined 4.7% to $15.06 in pre-market trading.</li>
<li>Lifeway Foods, Inc.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LWAY#NASDAQ">LWAY</a>) declined 4.2% to $22.10 in pre-market trading after falling 8% on Friday.</li>
<li>Butterfly Network, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BFLY#NYSE">BFLY</a>) fell 3.4% to $2.53 in pre-market trading.</li>
</ul>
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Sapiens International Posts Downbeat Results, Joins Sky Harbour And Other Big Stocks Moving Lower In Monday's Pre-Market Session

SAND

Shares of metals and materials companies are trading lower. The sector may be reacting to China's recent stimulus efforts which have struggled to buoy the economy and business conditions.

Gold Fields Limited (JSE: GFI)&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFI#NYSE">GFI</a>)&nbsp;is pleased to announce&nbsp;the completion of the acquisition of Osisko Mining following receipt of all necessary regulatory approval and support from shareholders for the transaction at the Osisko Mining shareholder meeting on October 17, 2024.
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This acquisition grants Gold Fields full ownership of the Windfall project, located in the Northern Quebec region, along with surrounding exploration assets, thereby enhancing its strategic presence in this key region of Quebec.
The Windfall project is in a privileged geographical location in a region renowned for its mining potential. The Northern Quebec region represents a strategic area for mining development in Quebec, offering an environment conducive to innovation and collaboration with local communities. This acquisition allows Gold Fields to develop a key asset while continuing to participate in regional economic development.

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Gold Fields Expands Strategic Presence in Quebec's Mining Hub with Osisko Mining Purchase, Gains Full Ownership of Windfall Project

Shares of gold and silver companies are trading higher. Precious metals have recently gained on macro uncertainty amid Middle East conflict and the upcoming US presidential election.

Shares of precious metals stocks are trading higher as gold and silver rise amid macro uncertainty, which has been attributed to Middle East conflict and the upcoming US presidential election.

These eleven large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) stock gained 24.85% last week after Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) <a href="https://www.benzinga.com//node/41386011" target="_blank" rel="noreferrer noopener">rose above $67,000</a>.</li>
<li>United Airlines Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) stock jumped 19.98% after the company reported better-than-expected&nbsp;fourth-quarter results and announced a&nbsp;$1.5 billion&nbsp;buyback program. Several analysts<a href="https://www.benzinga.com//node/41387797" target="_blank" rel="noreferrer noopener"> changed their price targets</a>.</li>
<li>Gold Fields Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFI#NYSE">GFI</a>) stock upped 17.01%.</li>
<li>Ericsson (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERIC#NASDAQ">ERIC</a>) stock grew 13.18% following a&nbsp;third-<a href="https://www.benzinga.com//node/41326902" target="_blank" rel="noreferrer noopener">quarter earnings beat</a>.</li>
<li>Cameco Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) stock was up 12.99%, probably due to strength in nuclear names. The stock rose after Amazon Web Services announced plans to invest <a href="https://www.benzinga.com//node/41358363" target="_blank" rel="noreferrer noopener">over&nbsp;$500 million&nbsp;in nuclear power</a>.</li>
<li>SoFi Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>) stock gained 12.99% after the company announced a <a href="https://www.benzinga.com//node/41313080" target="_blank" rel="noreferrer noopener">$2 billion loan platform</a> business agreement for personal loans with funds managed by affiliates of Fortress Investment Group.</li>
<li>Blackstone Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) stock increased 12.62% after multiple analysts raised their price targets following the company&#8217;s <a href="https://www.benzinga.com//node/41405312" target="_blank" rel="noreferrer noopener">recent&nbsp;third-quarter earnings report</a>.</li>
<li>The Travelers Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>) shares rose 12.20% after reporting better-than-expected&nbsp;<a href="https://www.benzinga.com//node/41379650" target="_blank" rel="noreferrer noopener">third-quarter&nbsp;results</a>.</li>
<li>Snap-On Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNA#NYSE">SNA</a>) shares were up 11.75% after the company reported better-than-<a href="https://www.benzinga.com//node/41380823" target="_blank" rel="noreferrer noopener">expected&nbsp;third-quarter results</a>.</li>
<li>AngloGold Ashanti PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AU#NYSE">AU</a>) stock increased 11.59%, probably owing to a rise in the price of gold and silver.</li>
<li>Blue Owl Capital Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OWL#NYSE">OWL</a>) shares were up 11.45%. The company, along with Crusoe and Primary Digital Infrastructure, formed a $3.4 billion joint venture to develop AI data centers.</li>
</ol>
Also Read:
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<li><a href="https://www.benzinga.com//node/41418999">NIO, ASML, And CVS Health Are Among Top 10 Large Cap Losers Last Week (Oct 14-18): Are The Others In Your Portfolio?</a></li>
</ul>
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RGLD

Shares of gold companies are trading higher following a spike in the price of the safe haven asset after Iran launched a missile attack on Israel.

Shares of precious metals stocks are trading lower amid a drop in the price of gold.

Shares of gold companies are trading higher after the price of the commodity reached all-time highs following last week's Fed rate cut.

Shares of precious metals stocks are trading higher as gold and silver rise after the Fed on Wednesday cut rates by 50 basis points.

Shares of gold stocks are trading higher in sympathy with overall market sentiment after the Fed policy decision to cut rates by 50 basis points.

Shares of precious metals stocks are trading higher as gold and silver rise amid a drop in the US dollar following recent inflation data.

These ten large-cap stocks were the worst performers in August. Are they in your portfolio?
<ol>
<li>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) stock lost 34.89% in August. The company <a href="https://www.benzinga.com//node/40602417" target="_blank" rel="noreferrer noopener">delayed filing its 10-K</a>.</li>
<li>Dollar General Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DG#NYSE">DG</a>) stock decreased 30.95%. The company posted worse-than-expected second-quarter earnings, and many analysts cut the <a href="https://www.benzinga.com//node/40656935" target="_blank" rel="noreferrer noopener">price target on the stock</a>.</li>
<li>Snap Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) stock dived 27.09%. The company posted a revenue miss for the second quarter, and <a href="https://www.benzinga.com//node/40132594" target="_blank" rel="noreferrer noopener">analysts slashed the price target</a>.</li>
<li>Temu parent PDD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) shares fell 24.81%. The company reported quarterly results, in which the CEO highlighted <a href="https://www.benzinga.com/news/earnings/24/08/40548945/temu-parent-pdd-posts-86-q2-topline-growth-stock-drops-after-ceo-flags-upcoming-challenges?_gl=1%2A2quf99%2A_gcl_au%2ANzQ5NDg4Nzg3LjE3MjI5NDg1NTA.%2A_ga%2AMTUwODg0NTczNy4xNzE1MTcxNjk4%2A_ga_V7ZK73W7N0%2AMTcyNTYyNjczNi4xMzIuMS4xNzI1NjQ0MzU2LjAuMC4w" target="_blank" rel="noreferrer noopener">challenges for the rest of the year</a>.</li>
<li>Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) stock plummeted 24.13% after the company reported weak results and <a href="https://www.benzinga.com//node/40115276" target="_blank" rel="noreferrer noopener">a 15% headcount reduction plan</a>.</li>
<li>Tencent Music Entertainment Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TME#NYSE">TME</a>) stock declined 21.44%. It reported a second-quarter revenue miss and <a href="https://www.benzinga.com//node/40373910" target="_blank" rel="noreferrer noopener">analysts lowered the price target</a>.</li>
<li>Gold Fields Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFI#NYSE">GFI</a>) shares went down 18.99%. It disclosed the acquisition of<a href="https://www.benzinga.com//node/40309407" target="_blank" rel="noreferrer noopener"> </a><a href="https://www.benzinga.com//node/40309407" target="_blank" rel="noreferrer noopener">Osisko Mining</a><a href="https://www.benzinga.com//node/40309407" target="_blank" rel="noreferrer noopener"> for $1.57 billion in cash</a>.</li>
<li>Charles River Laboratories International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) shares fell 18.57%. The company warned about softer demand trends from global biopharmaceutical <a href="https://www.benzinga.com//node/40222523" target="_blank" rel="noreferrer noopener">clients in the quarterly result</a>.</li>
<li>Moderna, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) <a href="https://www.benzinga.com//node/40514864" target="_blank" rel="noreferrer noopener">shares decreased 17.81%</a>.</li>
<li>Neurocrine Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NBIX#NASDAQ">NBIX</a>) stock dived 17.04%. It presented topline data for its Phase 2 clinical study of NBI-1117568 (NBI-‘568) in <a href="https://www.benzinga.com//node/40632561" target="_blank" rel="noreferrer noopener">adults with schizophrenia</a>.</li>
</ol>
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/24/09/40764288/affirm-shopify-and-starbucks-were-among-top-10-large-cap-best-performers-for-august-are-the-others" target="_blank" rel="noreferrer noopener">Affirm, Shopify And Starbucks Were Among Top 10 Large Cap Best Performers For August: Are The Others In Your Portfolio?</a></li>
</ul>
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Scotiabank raised the firm's price target on Gold Fields (GFI) to $18 from $17 and keeps a Sector Perform rating on the shares. The firm has adjust...

Gold Fields price target raised to $18 from $17 at Scotiabank

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There's a lot to be optimistic about in the Materials sector as 3 analysts just weighed in on Vale SA (VALE – Research Report), Gold Fields (GFI – ...

Wall Street Analysts Are Bullish on Top Materials Picks

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Gold Fields (GFI – Research Report), Evolution Mini...

Analysts Offer Insights on Materials Companies: Gold Fields (GFI), Evolution Mining Limited (OtherCAHPF) and Freeport-McMoRan (FCX)

Top names with growth at a reasonable price according to GARP

The Stocks according to GARP: top names with growth at a reasonable price

Gold Fields (GFI) has released an update. Gold Fields has announced that one of its prescribed officers, Ms. KM Carter, has acquired 8,115 ordinary...

Gold Fields Officer Increases Stake with Share Acquisition

Agnico Eagle Mines (AEM) and O3 Mining (OIIIF) jointly announce that Gold Fields Limited (GFI), through a 100% indirect Canadian subsidiary, O3 Min...

Agnico Eagle, O3 Mining say Gold Fields supports transaction

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Press Releases

Gold Fields Completes the Sale of its Interest In the Asanko Gold Mine for Consideration Including Additional Shares of Galiano Gold

GOLD FIELDS ACQUIRES OSISKO MINING, CONSOLIDATING OWNERSHIP OF THE WINDFALL PROJECT AND SURROUNDING EXPLORATION DISTRICT

In Spite of Volatile Markets, Gold Prices Are Expected to Climb to $2,500/Oz by The End Of 2024

GOLD FIELDS COMPLETES ACQUISITION OF MINIÈRE OSISKO AND CONSOLIDATES OWNERSHIP OF WINDFALL PROJECT

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