Gold Fields LimitedNYSE: GFI

Investors looking for stocks in the Mining - Gold sector might want to consider either Gold Fields (GFI) or Royal Gold (RGLD). But which of these two stocks presents investors with the better value opportunity right now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.

Gold Fields Limited reported disheartening first-half results on Friday, leading to a near 10% drop in stock price. Production decreased, costs increased, and guidance was downgraded for the full year. However, most of the company's production headwinds were non-core events, such as weather disruptions and fatalities. Despite its operational challenges, the normalization of operations, rising gold prices, and a lucrative dividend policy may present a buying opportunity.

Gold Fields Limited (NYSE:GFI ) Q2 2024 Earnings Call Transcript August 23, 2024 1:00 AM ET Company Participants Mike Fraser - CEO Alex Dall - Interim CFO Mike Fraser Good day all and thank you for joining us today for the presentation of our operational and financial results for the six months ending 30th of June 2024. With me today is our Interim CFO, Alex Dall.

Gold Fields' production fell 20% in the first half of 2024, and earnings dropped 16%.

Gold Fields (GFI) to acquire Osisko Mining to become the sole owner of the Windfall Project.

While the precious metals complex largely enjoyed a positive session on Monday thanks to gold's spot price rising, South African gold miner Gold Fields (NYSE: GFI ) suffered the opposite trajectory: GFI stock stumbled and quite badly, losing roughly 5% of market value. Driving the sentiment downward was the company's announced acquisition of Canada's Osisko Mining (OTCMKTS: OBNNF ) in a deal valued at $2.16 billion.

Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.