The $17.40 Is The Price At Which Gold Fields Ltd ADR (NYSE: GFI) Deserves Consideration

During the last session, Gold Fields Ltd ADR (NYSE:GFI)’s traded shares were 5.2 million, with the beta value of the company hitting 1.15. At the end of the trading day, the stock’s price was $17.40, reflecting an intraday gain of 4.32% or $0.72. The 52-week high for the GFI share is $17.78, that puts it down -2.18 from that peak though still a striking 40.75% gain since the share price plummeted to a 52-week low of $10.31. The company’s market capitalization is $15.57B, and the average intraday trading volume over the past 10 days was 4.11 million shares, and the average trade volume was 4.44 million shares over the past three months.

Gold Fields Ltd ADR (NYSE:GFI) trade information

Gold Fields Ltd ADR (GFI) registered a 4.32% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.32% in intraday trading to $17.40, hitting a weekly high. The stock’s 5-day price performance is 9.50%, and it has moved by 15.38% in 30 days. Based on these gigs, the overall price performance for the year is 24.46%. The short interest in Gold Fields Ltd ADR (NYSE:GFI) is 11.85 million shares and it means that shorts have 2.42 day(s) to cover.

Gold Fields Ltd ADR (GFI) estimates and forecasts

Statistics show that Gold Fields Ltd ADR has outperformed its competitors in share price, compared to the industry in which it operates. Gold Fields Ltd ADR (GFI) shares have gone up 62.31% during the last six months, with a year-to-date growth rate more than the industry average at 23.66% against 2.90.

While earnings are projected to return 23.26% in 2024, the next five years will return 9.40% per annum.

GFI Dividends

Gold Fields Ltd ADR is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Gold Fields Ltd ADR is 0.39, with the dividend yield indicating at 2.26 percent, continuing the trend of increasing dividends in recent years.

Gold Fields Ltd ADR (NYSE:GFI)’s Major holders

Gold Fields Ltd ADR insiders own 0.00% of total outstanding shares while institutional holders control 22.65%, with the float percentage being 22.66%. Van Eck Associates Corporation is the largest shareholder of the company, while 361 institutions own stock in it. As of Jun 29, 2023, the company held over 40.1 million shares (or 4.49% of all shares), a total value of $554.65 million in shares.

The next largest institutional holding, with 15.79 million shares, is of Blackrock Inc.’s that is approximately 1.77% of outstanding shares. At the market price on Jun 29, 2023, these shares were valued at $218.42 million.

Also, the Mutual Funds coming in first place with the largest holdings of Gold Fields Ltd ADR (GFI) shares are VanEck ETF Trust-VanEck Gold Miners ETF and iShares Core MSCI Emerging Markets ETF. Data provided on Sep 29, 2023 indicates that VanEck ETF Trust-VanEck Gold Miners ETF owns about 41.26 million shares. This amounts to just over 4.62 percent of the company’s overall shares, with a $448.13 million market value. The same data shows that the other fund manager holds slightly less at 8.18 million, or about 0.92% of the stock, which is worth about $103.33 million.