How to Buy Gold Fields Stock
Gold Fields Ltd
Gold Fields is a gold company located in South Africa, which is part of the Basic Materials sector, and is traded under the ticker GFI on the NYSE exchange.
Gold Fields stock last closed at $16.96, up 0.41% from the previous day, and has increased 10.06% in one year. It has overperformed other stocks in the Gold industry by 0.2 percentage points. Gold Fields stock is currently +64.5% from its 52-week low of $10.31, and -10.57% from its 52-week high of $18.97.
At the moment, there are 893.54M shares of GFI outstanding. The market value of GFI is $15.15B. In the last 24 hours, 2.57M GFI shares were traded.
How to Buy Gold Fields Stock
Wondering how to invest in Gold Fields stock? Here's how.
- Choose where to buy Gold Fields stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out where to buy Gold Fields stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Choose your payment method and add your information.
- Evaluate Gold Fields stock: The Gold Fields ticker symbol is GFI. Is Gold Fields stock a good investment? Should you buy shares of GFI? How do GFI's underlying business fundamentals look? Do top analysts think Gold Fields is a good buy? Why has GFI's stock price moved recently? (Hint: Our stock research website can help you evaluate if GFI is a good stock to buy).
- Execute your GFI buy order: Decide if you will purchase GFI shares at the current market price or use a limit order to buy GFI shares at a particular price.
- Keep tabs on your investment in GFI: Create a watchlist to important updates regarding your new investment in Gold Fields stock.
Step 1: Choose where to buy Gold Fields stock
You need a brokerage account to access the NYSE market and buy GFI stock.
Our recommended brokerage: eToro
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Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected your brokerage, you need to fill out some personal information so you can invest in GFI today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open a new trading account.
- Send your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've created your account on the stocks app, your next step is to transfer the money for your investment:
Check out the video below if you need help transferring money into your brokerage account.
Step 4: Evaluate Gold Fields stock
Once you have selected the best place to buy Gold Fields stock, it's crucial to analyze their stock before you invest, so you can comprehend the risk as well as the opportunity.
Gold Fields Numbers
GFI Due Diligence Checks
WallStreetZen was created to help part-time investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on GFI's stock page.
How is GFI stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge GFI's intrinsic value.
Using relative valuations ratios:
- GFI could be overvalued based on its P/E ratio of 21.47x, relative to Gold industry P/E ratio of 10.77x
- GFI could be overvalued based on its P/B ratio of 3.39x, relative to Gold industry P/B ratio of 1.68x
- GFI may be undervalued based on its PEG ratio of 0.32x
You can do more valuation research on GFI's stock here.
GFI Financial Health Overview
Positive Health Checks:
- GFI's operating cash flow of $1.19B allows it to safely service it's debt of $1.67B.
- GFI earnings of $1.23B is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the GFI balance sheet.
- Total GFI debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- GFI has a relatively high debt to equity ratio of 0.81.
- There are more long-term liabilities than short-term assets on the GFI balance sheet.
- GFI profit margin has gone down from 16.6% to 15.6% in the past year.
Is Gold Fields stock a Buy, Hold, or Sell, according to analysts?
Out of 2 Wall Street analysts who give ratings on GFI, the consensus analyst rating on Gold Fields is a Sell
Please note that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Gold Fields stock forecast page.
GFI Technical Indicators
GFI Growth Numbers
Last year, GFI earnings were $703.30M. During the past four year, GFI's earnings have gone up by 40.98% per year. This was faster than the Gold industry average of 11.44%.
Last year, GFI revenue was $4.50B. Over the past 5 year, GFI's revenue has increased by 11.79% per year. This was slower than the Gold industry average of 15.84%.
You can analyze GFI's earnings and revenue performance here.
Latest Insiders Trades at GFI
In the last 12 months, insiders at GFI have not bought or sold any shares.
Dig into more about who owns GFI stock here.
Does GFI stock generate passive income?
Gold Fields pays a dividend of 2.3%, compared to the Gold industry's average dividend yield of 2.13%. If you owned $1,000 worth of GFI stock, you would have received $23.00 last year.
Gold Fields dividend payments have consistently grown over the past decade but have not remained stable.
Find more data about Gold Fields dividend yield and history here.
What do other investors have to say about GFI?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your GFI buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price, use a limit order.
Press the Open Trade button and eToro will execute the order.
If you require more help with buying stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your investment in GFI
Now that you own some GFI stock, you'll want to keep up with your new investment.
Add GFI to a watchlist to get notified of important updates regarding your GFI stock.
GFI Feed
How to Buy Stock in Gold Fields
To reiterate, here are the 6 steps to buy stock in Gold Fields:
- Choose where to buy Gold Fields stock
- Create a brokerage account
- Put funds into your brokerage account
- Evaluate Gold Fields stock
- Execute your GFI buy order
- Keep tabs on your investment in GFI
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to monitor your new investment in Gold Fields, click the button below.
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