Alert: Major Price Decline (6/13/24)-Gold Fields Ltd (NYSE: GFI).

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On 6/13/24, Gold Fields Ltd (NYSE: GFI) stock suffered a major decline of -14.8%, closing at $13.50. Moreover, trading volume in this decline was exceptionally high at 292% of normal. Relative to the market the stock has been strong over the last nine months but has declined -13.5% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, GFI is expected to continue to be a major Value Builder.

Gold Fields has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Gold Fields has a slightly positive Appreciation Score of 62 and a good Power Rating of 84, with the Highest Value Trend Rating the result.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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