In a report released on October 7, Josh Wolfson from RBC Capital maintained a Buy rating on Gold Fields. The company’s shares closed yesterday at $39.98.
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According to TipRanks, Wolfson is a top 100 analyst with an average return of 22.0% and a 69.74% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Barrick Mining, Osisko Gold Royalties, and Newmont Mining.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gold Fields with a $33.43 average price target.
Based on Gold Fields’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $3.49 billion and a net profit of $1.03 billion. In comparison, last year the company earned a revenue of $2.12 billion and had a net profit of $389 million
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