Core Viewpoint - Gold Fields (GFI) has shown strong performance in recent trading sessions, outperforming major indices and demonstrating significant monthly gains, indicating positive investor sentiment and potential growth in the upcoming earnings report [1][2]. Company Performance - GFI ended the recent trading session at $57.27, reflecting a +2.56% change from the previous day's closing price, outperforming the S&P 500, which had a daily loss of 0.01% [1]. - Over the past month, GFI's shares gained 12.69%, surpassing the Basic Materials sector's gain of 12.13% and the S&P 500's loss of 0.28% [1]. Earnings Estimates - For the full year, Zacks Consensus Estimates project earnings of $5.2 per share and revenue of $11.42 billion, representing increases of +293.94% and +119.57% from the prior year, respectively [2]. Analyst Sentiment - Recent changes to analyst estimates for Gold Fields indicate a positive outlook, with upward revisions suggesting optimism about the company's near-term business trends [3]. Valuation Metrics - Gold Fields has a Forward P/E ratio of 10.74, which is lower than the industry average of 12.92, indicating a potential undervaluation [6]. - The company's PEG ratio stands at 0.21, compared to the industry average of 0.42, suggesting favorable growth prospects relative to its valuation [6]. Industry Context - The Mining - Gold industry, part of the Basic Materials sector, holds a Zacks Industry Rank of 53, placing it in the top 22% of over 250 industries, indicating strong overall performance potential [7].

Core Viewpoint - Golden Fields Inc. (GFI.US) has forecasted earnings per share for 2025 to be between $3.87 and $4.11, representing a year-on-year growth of 178% to 196%, driven primarily by rising gold prices and increased gold sales [1] Group 1: Stock Performance - Over the past week, Golden Fields' stock price has shown significant volatility, opening at $50.50 and closing at $56.41, with a price fluctuation of 7.37% and an amplitude of 14.52% [2] - The stock reached a high of $57.52 and a low of $49.89 during this period, with notable daily performances including a drop of 4.74% on February 5, a rise of 6.91% on February 6 (the day of the earnings forecast release), a gain of 4.56% on February 9, and an increase of 1.02% on February 11 [2] - The total trading volume during this period was approximately $663 million [2] Group 2: Analyst Opinions - Canaccord Genuity has maintained a "Buy" rating for Golden Fields and raised the target price to $57, based on optimistic expectations regarding gold price trends and the company's growth potential [3] - The recent rebound in gold prices above $5,000 has supported positive sentiment towards gold stocks [3]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Gold Fields (GFI) - Gold Fields currently holds a Momentum Style Score of B, indicating potential as a solid momentum pick [3][12] - The company has a Zacks Rank of 2 (Buy), which is associated with a strong track record of outperformance [4] Performance Metrics - Over the past week, GFI shares increased by 6.76%, while the Zacks Mining - Gold industry remained flat [6] - In the last month, GFI's price change was 12.69%, outperforming the industry's 5.87% [6] - Over the past quarter, GFI shares rose by 39.99%, and over the last year, they increased by 188.13%, compared to the S&P 500's gains of 1.86% and 15.7%, respectively [7] Trading Volume - GFI's average 20-day trading volume is 3,985,810 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - Recent earnings estimate revisions for GFI show one upward revision and one downward revision for the full year, raising the consensus estimate from $4.73 to $5.20 over the past 60 days [10] - For the next fiscal year, two estimates have moved upwards with no downward revisions during the same period [10]

Core Viewpoint - Beauce Gold Fields is set to initiate a follow-up diamond drilling program at the Grondin Zone in March 2026, aimed at further exploring the gold-bearing Saddle-Reef antiform structure [1][2]. Exploration Program - The upcoming drilling program will consist of up to 1,500 meters of diamond drilling to test selected targets along strike and at depth within the Grondin Zone [1]. - The drilling targets have been refined using a recently completed 3-D geological model, integrating data from previous drilling campaigns in 2023 and 2025 [4]. - The program will focus on testing down-dip extensions of known mineralized zones, which have shown a continuous mineralized corridor that remains open laterally and at depth [4][5]. Geological Context - The Grondin Zone has been systematically explored since 2023, with multiple diamond drill campaigns, geophysical surveys, geological mapping, and limited bulk sampling conducted [5]. - Previous drilling confirmed gold mineralization associated with a Saddle Reef antiform geometry, traced over several hundred meters and remaining open both along strike and at depth [5][6]. - The exploration strategy aims to identify bedrock sources of historic placer gold deposits, with gold-bearing mineralization confirmed along a 4-kilometer strike length from the Grondin Zone [6]. Structural Insights - The antiform-hosted structure is interpreted as a likely bedrock source contributing to historical placer gold deposits within the Saint-Simon-les-Mines paleoplacer channel [7]. - Induced polarization surveys and geological interpretation have outlined an approximately 8-kilometer antiform Saddle Reef structural corridor, providing a framework for ongoing exploration [6]. Company Background - Beauce Gold Fields focuses on exploring and developing the largest placer gold district in eastern North America, with the objective of tracing old placer gold workings back to a bedrock source [8]. - The company's flagship property is the Saint-Simon-les-Mines gold project, historically significant as the site of Canada's first gold rush [8].

Core Viewpoint - The gold mining company Gold Fields (GFI.US) anticipates a nearly twofold increase in profits for the past year, driven by record-high gold prices and increased sales [1] Financial Performance - The company projects its earnings per share for 2025 to be between $3.87 and $4.11, representing a growth of 178% to 196% compared to the previous year [1] - This growth is attributed to a significant rise in gold prices and an increase in gold sales [1] Market Conditions - Last year, gold prices surged nearly 65% due to geopolitical turmoil, prompting investors to seek safe-haven assets [1] - Gold prices continued to rise this year, reaching a historical high of nearly $5,600 on January 29, before retracting some gains [1] Production Data - Gold Fields produced 2.4 million ounces of gold last year, an 18% increase compared to 2024 [1] - The company operates gold mining in Australia, Chile, Ghana, Peru, and South Africa [1]

Core Insights - Gold prices have shown recovery after a sharp decline, closing above $5,000/Oz, supported by geopolitical tensions and a weak U.S. dollar [1][9] - Year-to-date, gold prices have increased nearly 15%, positively impacting gold mining stocks [2][9] - Central banks are actively purchasing gold to bolster reserves amid rising global debt and economic uncertainties [4][5] Gold Mining Stocks - Five notable gold mining stocks include AngloGold Ashanti plc (AU), Gold Fields Ltd. (GFI), New Gold Inc. (NGD), DRDGOLD Ltd. (DRD), and Gold Royalty Corp. (GROY), all carrying favorable Zacks Ranks [3][9] - AngloGold Ashanti (AU) has an expected revenue growth rate of 22.5% and earnings growth rate of 52.9% for the current year, with earnings estimates improving by 8.9% [10][11] - Gold Fields (GFI) is projected to have revenue and earnings growth rates exceeding 100%, with earnings estimates improving by 9.2% [12] - New Gold (NGD) anticipates a revenue growth rate of 10.2% and earnings growth rate over 100%, with earnings estimates improving by 15.5% [13] - DRDGOLD (DRD) expects a revenue growth rate of 67.8% and earnings growth rate over 100%, with earnings estimates improving by more than 100% [14][15] - Gold Royalty Corp. (GROY) forecasts revenue and earnings growth rates exceeding 100%, with earnings estimates improving by 12.5% [16] Market Dynamics - The gold mining industry is facing supply constraints due to a scarcity of new deposits and lengthy exploration processes [6] - Increased industrial demand for gold in sectors like energy and healthcare is expected to contribute to a demand-supply imbalance, further driving gold prices [7]

Core Viewpoint - Gold Fields (GFI) has been upgraded to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, which significantly impacts stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in a company's earnings picture, which is a crucial factor for near-term stock price movements [2][4]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in buying or selling actions that influence stock prices [4]. Company Performance and Investor Sentiment - The upgrade for Gold Fields indicates an improvement in its underlying business, which is expected to drive the stock price higher as investors respond positively to this trend [5][10]. - Over the past three months, the Zacks Consensus Estimate for Gold Fields has increased by 12.6%, reflecting analysts' growing confidence in the company's earnings potential [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Gold Fields' upgrade places it in the top 5% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10].

Core Viewpoint - The U.S. stock market experienced a collective decline on January 31, with all three major indices closing lower, indicating a bearish sentiment in the market [1] Group 1: Market Performance - The Dow Jones Industrial Average fell by 0.36%, with a cumulative increase of 1.73% for January [1] - The Nasdaq Composite dropped by 0.94%, accumulating a 0.95% increase for the month [1] - The S&P 500 index decreased by 0.43%, with a total gain of 1.37% in January [1] Group 2: Sector Performance - Technology stocks faced widespread declines, with AMD falling over 6% and Intel dropping more than 4% [1] - Precious metals stocks also saw significant losses, highlighted by the iShares Silver Trust, the largest silver ETF, which fell by 28% [1] - Other notable declines included Coeur Mining, which dropped over 16%, and First Majestic Silver, which fell more than 14% [1]

Core Insights - Gold Fields Limited (GFI) and AngloGold Ashanti Plc. (AU) are prominent global gold producers benefiting from a surge in gold prices exceeding $5,000 per ounce due to safe-haven demand and market uncertainty [1] - Both companies have shown strong production results and positive analyst sentiment, prompting a comparison of their fundamentals to identify the better investment opportunity [1] Group 1: Gold Fields Limited (GFI) - GFI reported a strong third quarter with gold-equivalent production increasing approximately 22% year-over-year to around 621,000 ounces, and a 6% quarter-on-quarter increase [2] - The Salares Norte mine in Chile significantly contributed to production, yielding 112,000 ounces equivalent in the third quarter, with a sequential output increase of 53% [3] - All-in sustaining costs (AISC) were about $1,557 per ounce, down roughly 10% quarter-on-quarter, enhancing margins amid high realized gold prices [4] - GFI's Tarkwa mine in Ghana produced about 123,000 ounces in the third quarter and typically delivers over 500,000 ounces annually [5] - By the end of September 2025, GFI's net debt was $791 million, a decrease of $696 million from the previous quarter, with a debt to capital ratio of 34.8% [6] Group 2: AngloGold Ashanti Plc. (AU) - AU reported a 17% year-on-year increase in gold production to around 768,000 ounces, driven by higher output from key mines [7] - The company sold approximately 764,000 ounces of gold at an average realized price of $3,490 per ounce, leading to higher revenue and improved margins [8] - Total cash costs for AU were roughly $1,225 per ounce, with AISC increasing to $1,720 per ounce [8] - AU's cash and cash equivalents stood at $2.57 billion at the end of September 2025, with long-term debt of $2.03 billion, resulting in a debt to capital ratio of 17.6% [11] Group 3: Comparative Performance and Valuation - GFI's stock has increased by 240.3% over the past year, while AU's stock has risen by 284.3%, outperforming the Zacks Mining-Gold industry which rose by 168.1% [12] - GFI is trading at a forward 12-month earnings multiple of 4.5X, whereas AU is trading at a lower multiple of 3.81X [14] - The Zacks Consensus Estimate for GFI's fiscal 2026 sales implies a 120% year-over-year growth, while AU's estimates suggest a 23% rise [17][19] - GFI's EPS estimates for fiscal 2026 indicate a 261% year-over-year increase, while AU's EPS is expected to rise by 41.3% [17][19] Group 4: Investment Case - GFI's strong quarter was marked by a 22% production increase, lower AISC, and a significant reduction in net debt, with Salares Norte expected to contribute meaningfully in 2025-2026 [22] - However, AU presents a stronger investment case with higher third-quarter production, superior free cash flow exceeding $1 billion, and a robust balance sheet [23] - AU's growth potential is bolstered by expanded reserves at Geita and modernization efforts at Obuasi, alongside new U.S. exposure through Augusta [23] - Despite AU's stronger financial profile, it trades at a cheaper forward earnings multiple compared to GFI, making it a more compelling buy for investors [23]

Core Insights - Gold Fields Ltd. (GFI) reported a significant increase in gold-equivalent production for Q3 2025, reaching 621,000 ounces, a 22% rise from 510,000 ounces in Q3 2024 [1][8] Production Highlights - The Salares Norte mine in Chile was a key contributor, producing approximately 112,000 ounces of gold-equivalent, which is a 53% sequential increase from 73,000 ounces [2][8] - Tarkwa mine in Ghana contributed 123,000 ounces, reflecting a 15% sequential increase due to higher feed grades and improved processing [3] - Other mines, including Damang, South Deep, Gruyere, and St Ives, maintained solid production levels, supporting overall portfolio growth [3] Cost Metrics - GFI's stronger production output led to improved cost metrics, with All-in Costs (AIC) at $1,835 per ounce and All-in Sustaining Costs (AISC) at $1,557 per ounce for the quarter [4][8] Peer Comparison - Allied Gold Corporation (AAUC) reported a production increase to 87,020 ounces, up from 85,147 ounces year-over-year, with AISC at $2,092 per ounce and AIC at $2,383 per ounce [5] - AngloGold Ashanti plc. (AU) achieved 768,000 ounces of gold-equivalent production, a 17% increase from 657,000 ounces, with AISC at $1,720 per ounce and AIC at $1,225 per ounce [6] Market Performance - GFI shares have increased by 240.3% over the year, outperforming the industry average increase of 168.1% [7] Valuation Metrics - GFI is currently trading at a forward 12-month price-to-sales ratio of 4.5X, which is higher than the industry average of 4.08X [10] Earnings Estimates - The Zacks Consensus Estimate for GFI's earnings implies a year-over-year growth of 261% for 2026, followed by a decline of 16% in 2027 [11]