View Financial HealthGold Fields 배당 및 자사주 매입배당 기준 점검 5/6Gold Fields 수익으로 충분히 충당되는 현재 수익률 4.66% 보유한 배당금 지급 회사입니다.핵심 정보4.7%배당 수익률0.09%자사주 매입 수익률총 주주 수익률4.7%미래 배당 수익률4.3%배당 성장률28.5%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향39%최근 배당 및 자사주 매입 업데이트공지 • Feb 20+ 2 more updatesGold Fields Limited declared a special dividend for Year Ended 31 December 2025Gold Fields Limited declared a special dividend of 450 SA cents per share for the year ended 31 December 2025. The payment of the special dividend has been approved by the South African Reserve Bank. Record date: 13 March 2026 and ex-dividend: 11 March 2026.Declared Dividend • Aug 25First half dividend of R7.00 announcedShareholders will receive a dividend of R7.00. Ex-date: 10th September 2025 Payment date: 15th September 2025 Dividend yield will be 27%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 31% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 43% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공지 • Aug 23Gold Fields Limited Declares Interim Dividend for Six Months Ended 30 June 2025, Payable on 15 September 2025The Board of Gold Fields Limited has approved and declared an interim dividend of 700 SA cents per ordinary share (gross) in respect of the six months ended 30 June 2025. Shares commence trading ex-dividend date is 10 September 2025. Record date is 12 September 2025. Payment of dividend is 15 September 2025.공지 • Feb 20Gold Fields Limited Declares A Final Dividend Number 101 of the Year Ended 31 December 2024, Payable on 17 March 2025Gold Fields Limited Board has approved and declared a final dividend number 101 of 700 SA cents per ordinary share (gross) in respect of the year ended 31 December 2024. The final dividend will be subject to the dividend withholding tax of 20% (twenty per cent). Declaration date: 20 February 2025; Last date to trade cum-dividend: 11 March 2025; Shares commence trading ex-dividend: 12 March 2025; Record date: 14 March 2025; and Payment of dividend: 17 March 2025.Declared Dividend • Aug 26First half dividend of R3.00 announcedShareholders will receive a dividend of R3.00. Ex-date: 11th September 2024 Payment date: 16th September 2024 Dividend yield will be 24%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but not covered by cash flows (140% cash payout ratio). The dividend has increased by an average of 34% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 165% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공지 • Aug 23Gold Fields Limited Approves an Interim Dividend for the Six Months Ended 30 June 2024, Payable on 16 September 2024The Board of Gold Fields Limited has approved and declared an interim dividend of 300 SA cents per ordinary share (gross) in respect of the six months ended 30 June 2024. Shares commence trading ex-dividend date is 11 September 2024. Record date is 13 September 2024. Payment of dividend is 16 September 2024.모든 업데이트 보기Recent updates공지 • Mar 30Gold Fields Limited, Annual General Meeting, May 21, 2026Gold Fields Limited, Annual General Meeting, May 21, 2026. Location: 150 helen road, sandown, sandton South Africa공지 • Feb 20+ 2 more updatesGold Fields Limited declared a special dividend for Year Ended 31 December 2025Gold Fields Limited declared a special dividend of 450 SA cents per share for the year ended 31 December 2025. The payment of the special dividend has been approved by the South African Reserve Bank. Record date: 13 March 2026 and ex-dividend: 11 March 2026.공지 • Jan 12Gold Fields Limited to Report Q4, 2025 Results on Feb 19, 2026Gold Fields Limited announced that they will report Q4, 2025 results at 7:05 AM, South Africa Standard Time on Feb 19, 2026공지 • Nov 28Gold Fields Limited Announces Committee Changes, Effective December 1, 2025Gold Fields Limited approved the appointment of Mr. John Fraser MacKenzie and Mr. Michael Ian Rawlinson, both non- executive directors of the Board, to the following Board sub-committees with effect from 1 December 2025: 1. Mr. MacKenzie: the Nomination and Governance Committee; Safety, Health and Sustainable Development Committee; Technical Committee and Strategy and Investment Committee. 2. Mr. Rawlinson: the Audit Committee; Remuneration Committee; and Strategy and Investment Committee.공지 • Sep 25Gold Fields Reportedly Considers Sale of $1.1 Billion Stake in Northern StarThe $1 billion stake held in Northern Star Resources Limited (ASX:NST) by Gold Fields Limited (JSE:GFI) is in focus for investment bankers, which are said to be pitching on a selldown that may happen as early as this week. When South Africa's Gold Fields finalises its deal to buy Australian-listed gold miner Gold Road Resources this week for $3.6 billion or $3.29 per share, Gold Fields will inherit almost 49.3 million shares in Northern Star. Gold Road had inherited the Northern Star stake because it earlier owned a 17.3% stake in De Grey Mining. Northern Star bought De Grey Mining in May for $5 billion. The adviser for Gold Fields is JPMorgan and it will likely advise on the selldown out of Northern Star. If the block trade unfolds, the Northern Star shares will likely be in strong demand as investors hope to capitalise on the gold price hitting new records this year of over $5,000 an ounce.Declared Dividend • Aug 25First half dividend of R7.00 announcedShareholders will receive a dividend of R7.00. Ex-date: 10th September 2025 Payment date: 15th September 2025 Dividend yield will be 27%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 31% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 43% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 24First half 2025 earnings released: EPS: US$1.15 (vs US$0.43 in 1H 2024)First half 2025 results: EPS: US$1.15 (up from US$0.43 in 1H 2024). Revenue: US$3.48b (up 64% from 1H 2024). Net income: US$1.03b (up 164% from 1H 2024). Profit margin: 30% (up from 18% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.공지 • Aug 23Gold Fields Limited Declares Interim Dividend for Six Months Ended 30 June 2025, Payable on 15 September 2025The Board of Gold Fields Limited has approved and declared an interim dividend of 700 SA cents per ordinary share (gross) in respect of the six months ended 30 June 2025. Shares commence trading ex-dividend date is 10 September 2025. Record date is 12 September 2025. Payment of dividend is 15 September 2025.공지 • Jun 12Gold Fields Appoints John Mackenzie and Michael Rawlinson as Non-Executive Directors with Effect from 1 August 2025The Board of Directors of Gold Fields announced the appointments of John MacKenzie and Michael Rawlinson as Non-Executive Directors to the Board with effect from 1 August 2025. Mr. MacKenzie holds a Master's Degree in Business Leadership from the University of South Africa, and Bachelor and Master's Degrees in Mining Engineering from the University of the Witwatersrand. He also attended the Advanced Management Program at Harvard Business School. Born and raised in South Africa, Mr. MacKenzie started his career with Anglo American where he gained deep operational and leadership exposure across a range of commodities, including coal, zinc and copper. He has extensive experience in both executive and non-executive roles and various board committees. Mr. MacKenzie has over 30 years' experience across both operational and investment roles in the mining and metals sector and has extensive international experience, including in emerging markets. Mr. Rawlinson holds a Master's Degree in Environmental Resource Economics from the University College of London and a Bachelor's Degree in Social Sciences and Economics from the University of Birmingham. Mr. Rawlinson brings 25 years' experience in the mining and metals industry, underpinned by a strong foundation in finance and strategic advisory after spending his early career as an equity analyst and investment banker. Mr. Rawlinson is experienced in both executive and non-executive roles in both listed and unlisted companies. The Chair and Board welcomes Mr. MacKenzie and Mr. Rawlinson and looks forward to their contributions and guidance as the Company continues to deliver on its strategy.공지 • May 28Gold Fields Limited Approves Social, Ethics and Transformation Committee ElectionsGold Fields Limited held its Annual General Meeting on May 28, 2025, MC Bitar was elected as a member and Chairperson of the Social, Ethics and Transformation (SET) Committee, with A Andani, MJ Fraser, SL McCrae, and CAT Smit elected as SET Committee members.공지 • Mar 28Gold Fields Limited, Annual General Meeting, May 28, 2025Gold Fields Limited, Annual General Meeting, May 28, 2025. Location: 150 helen road, sandown, sandton South Africa공지 • Mar 20Gold Fields Limited to Report First Half, 2025 Results on Aug 22, 2025Gold Fields Limited announced that they will report first half, 2025 results on Aug 22, 2025공지 • Feb 22Gold Fields Limited Announces Changes to Board CommitteesGold Fields Limited has approved the following changes to the Board and in the allocations of Non-Executive Directors to the Board Committees, all effective 28 May 2025. Retirement as Directors and Members of the Board Mr. Reid and Mr. Bacchus will retire as Non-Executive Directors and Members of the Board on 28 May 2025. Changes to Lead Independent Director, Committee Chairs and Committee Membership 1.Lead Independent Director (LID") Mr. Reid retires as LID and Ms. McGill has been elected as LID. 2.Remuneration Committee Mr. Reid retires as member and Chair from the Remuneration Committee and Ms. McGill, who is a member of this Committee, has been elected Chair of the Remuneration Committee. 3.Social, Ethics and Transformation Committee Ms. McGill retires as member and Chair from the Social, Ethics and Transformation Committee and Ms. Bitar has been elected as Chair of the Social, Ethics and Transformation Committee. 4.Risk Committee Mr. Bacchus retires as member and Chair from the Risk Committee and Ms. Bassa has been elected as Chair of the Risk Committee. 5.Strategy and Investment Committee Mr. Bacchus retires as member and Chair from the Strategy and Investment Committee and Mr. Smit has been elected as Chair of the Strategy and Investment Committee. 6.Social, Ethics and Transformation Committee Ms. Sibiya retired as member from the Committee and Mr. Smit has been elected as member of the Committee and 7.Technical Committee Mr. Smit retired as member from the Committee.공지 • Feb 20Gold Fields Limited Declares A Final Dividend Number 101 of the Year Ended 31 December 2024, Payable on 17 March 2025Gold Fields Limited Board has approved and declared a final dividend number 101 of 700 SA cents per ordinary share (gross) in respect of the year ended 31 December 2024. The final dividend will be subject to the dividend withholding tax of 20% (twenty per cent). Declaration date: 20 February 2025; Last date to trade cum-dividend: 11 March 2025; Shares commence trading ex-dividend: 12 March 2025; Record date: 14 March 2025; and Payment of dividend: 17 March 2025.공지 • Feb 08Gold Fields Limited Provides Production Guidance for the Fourth Quarter and Full Year Ended 31 December 2024 and Provides Earnings Guidance for the Year Ended 31 December 2024Gold Fields Limited provided production guidance for the fourth quarter and full year ended 31 December 2024 and provided earnings guidance for the year ended 31 December 2024. For the quarter, the company expects attributable gold equivalent production to be 26% higher QoQ at 643 koz (Q3 2024: 510 koz) and 8% higher YoY (Q4 2023 excluding Asanko production: 594 koz). For the full year, the company expects attributable gold equivalent production to be 2,071 koz (FY 2023: 2,304 koz), in line with the revised group guidance of 2,050 koz to 2,150 koz. Basic earnings per share expects to be in the range from USD 1.34 to USD 1.44 (USD 0.55 to USD 0.65 per share higher), which is 70% to 82% higher than the basic earnings of USD 0.79 per share reported for Fiscal Year 2023. Basic earnings per share for continuing operations expects to be in the range from USD 1.34 to USD 1.44 (USD 0.53 to USD 0.63 per share higher), which is 65% to 78% higher than the headline earnings for continuing operations of USD 0.81 per share reported for Fiscal Year 2023. Basic earnings per share for discontinued operations expects to be nil compared to a basic loss of USD 0.02 per share reported for Fiscal Year 2023. Normalised profit per share expects to be in the range from USD 1.32 to USD 1.42 (USD 0.31 to USD 0.41 per share higher), which is 31% to 41% higher than the normalised profit of USD 1.01 per share reported for Fiscal Year 2023.공지 • Feb 07+ 1 more updateGold Fields Limited Announces Executive Director ChangesAnnounced on 26 August 2024 in which the Board of Directors of Gold Fields announced the appointment of Mr. Phillip Anthony Murnane as CFO and an Executive Director of the Company. At the time of the Announcement, the Company was finalising Mr. Murnane's commencement date, which was expected to be in early 2025. Mr. Murnane has confirmed that, due to personal reasons, he is unfortunately unable to join the Company. The Board announced the appointment of Mr. Alex Dall as the permanent CFO and an Executive Director of the Company effective from 1 March 2025. Mr. Dall has been serving as interim CFO since the retirement of Mr. Paul Schmidt in April 2024. During this period, he has demonstrated strong and visible leadership, strategic and financial acumen and a deep commitment to the success of the Company, making valuable contributions to Gold Fields' executive team and the global business. As interim CFO, he successfully delivered the financial results for the six months ended 30 June 2024, secured debt financing for the acquisition of Osisko Mining (which was announced on 12 August 2024) and led the transition of the Finance function as part of the organisational restructure undertaken by the Company in 2024. In recent years, Mr. Dall has been pivotal in structuring, negotiating, and executing group funding strategies, providing strategic oversight on M&A transactions, and driving corporate financial, tax and capital efficiency initiatives. Mr. Dall is a qualified Chartered Accountant South Africa having obtained his Bachelor of Business Science and Post Graduate Diploma in Accounting from the University of Cape Town. He joined the Company in 2014, focusing on SOX and technical accounting work in the Finance function and was promoted to Vice President Corporate Finance in 2022, responsible for the funding requirements of the Group. Prior to Gold Fields, Mr. Dall worked at KPMG, where he completed his articles in the energy and natural resources department.공지 • Feb 06Gold Fields Limited to Report Fiscal Year 2024 Results on Feb 20, 2025Gold Fields Limited announced that they will report fiscal year 2024 results on Feb 20, 2025Board Change • Dec 30High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non- Executive Director Zarina Bibi Bassa was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공지 • Nov 29Gold Fields Limited Announces Committee Appointments, with Effect from 1 December 2024The board of directors of Gold Fields Limited has approved the following Board committee appointments with effect from 1 December 2024. Ms. Zarina Bibi Mahomed Bassa, a non-executive director who is a member of the Audit Committee, has been appointed to the following committees: Risk Committee, Remuneration Committee; and Strategy and Investment Committee. Ms. Shannon Leigh McCrae, a non-executive director, has been appointed to the following committees: Capital Projects Control and Review Committee; Social, Ethics and Transformation Committee; Safety Health and Sustainable Development Committee; and Strategy and Investment Committee. Ms. Philisiwe Gugulethu Sibiya, a non-executive director, has also been appointed to the Strategy and Investment Committee.공지 • Nov 10Gold Fields Limited to Report Q3, 2024 Results on Nov 14, 2024Gold Fields Limited announced that they will report Q3, 2024 results at 7:05 AM, South Africa Standard Time on Nov 14, 2024Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €16.40, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 116% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €27.01 per share.Board Change • Sep 28High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non- Executive Director Zarina Bibi Bassa was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Declared Dividend • Aug 26First half dividend of R3.00 announcedShareholders will receive a dividend of R3.00. Ex-date: 11th September 2024 Payment date: 16th September 2024 Dividend yield will be 24%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but not covered by cash flows (140% cash payout ratio). The dividend has increased by an average of 34% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 165% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공지 • Aug 26Gold Fields Limited Announces Executive ChangesThe Board of Directors of Gold Fields announced the appointment of Mr. Phillip Anthony Murnane as an Executive Director of the Company. Mr. Murnane will be based at the Gold Fields Corporate Office in Johannesburg, South Africa. The Company is currently finalising Mr. Murnane's commencement date, which is expected to be in early 2025. The Company will update Shareholders once this has been determined. Mr. Murnane will succeed Mr. Paul Schmidt, who served as CFO and Executive Director of the Company until 30 April 2024, and will take over from Mr. Alex Dall who has acted as Interim CFO from 1 May 2024 to date. Mr. Murnane is a qualified accountant, with sound operational finance background and over 20 years of experience in the resources sector, including as the CFO in several roles. He obtained a Bachelor of Commerce and a Bachelor of Economics from the Australian National University, subsequently becoming a Member of the Institute of Chartered Accountants of Australia in 2003. Mr. Murnane began his career at Deloitte before embarking on an international career spanning four continents. He has subsequently held senior roles at Centrica, Glencore, Noble, Ferroglobe and lately at commodities brokers ED&F Man. To ensure a seamless transition, Mr. Dall will continue as Interim CFO until Mr. Murnane's employment commences.Reported Earnings • Aug 25First half 2024 earnings released: EPS: US$0.43 (vs US$0.51 in 1H 2023)First half 2024 results: EPS: US$0.43 (down from US$0.51 in 1H 2023). Revenue: US$2.12b (down 6.3% from 1H 2023). Net income: US$389.0m (down 15% from 1H 2023). Profit margin: 18% (down from 20% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.공지 • Aug 23Gold Fields Limited Approves an Interim Dividend for the Six Months Ended 30 June 2024, Payable on 16 September 2024The Board of Gold Fields Limited has approved and declared an interim dividend of 300 SA cents per ordinary share (gross) in respect of the six months ended 30 June 2024. Shares commence trading ex-dividend date is 11 September 2024. Record date is 13 September 2024. Payment of dividend is 16 September 2024.Buy Or Sell Opportunity • Jun 16Now 30% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.2% to €12.60. The fair value is estimated to be €17.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 7.8%. For the next 3 years, revenue is forecast to grow by 9.8% per annum. Earnings are also forecast to grow by 32% per annum over the same time period.공지 • Jun 14+ 1 more updateGold Fields Limited to Report First Half, 2024 Results on Aug 23, 2024Gold Fields Limited announced that they will report first half, 2024 results on Aug 23, 2024Buy Or Sell Opportunity • May 25Now 22% undervaluedOver the last 90 days, the stock has risen 26% to €14.45. The fair value is estimated to be €18.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 7.8%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 26% per annum over the same time period.Buy Or Sell Opportunity • May 07Now 21% undervaluedOver the last 90 days, the stock has risen 13% to €14.80. The fair value is estimated to be €18.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 7.8%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 26% per annum over the same time period.공지 • Apr 30Gold Fields Limited Announces Chief Financial Officer ChangesGold Fields Limited referred on 17 August 2023 (Announcement), in which the Company conveyed the intention of Mr. Paul Andy Schmidt, currently the Chief Financial Officer (CFO) to proceed on early retirement. Mr. Schmidt will now be retiring and therefore will be stepping down from the board of directors (Board) and his position as CFO and Executive Director with effect from 30 April 2024. Mr. Schmidt will, however, remain in the employ of the Company until 30 June 2024. Mr. Alex Dall, currently the VP Corporate Finance at Gold Fields, has been appointed as Interim CFO with effect from 1 May 2024, pending the appointment of a permanent CFO and Executive Director. The Audit Committee has confirmed that Mr. Dall is suitably qualified with the appropriate experience and expertise to assume the role and responsibility as Interim CFO. Mr. Schmidt was appointed CFO on 1 January 2009 and joined the Board on 6 November 2009. Prior to his appointment as CFO of Gold Fields, Mr. Schmidt held the positions of acting CFO from May 2008 and Financial Controller from April 2003. He joined Gold Fields in 1996. The process to appoint the new CFO is progressing well and is in its final stages.공지 • Apr 02Gold Fields Limited to Report Q1, 2024 Results on May 23, 2024Gold Fields Limited announced that they will report Q1, 2024 results on May 23, 2024Reported Earnings • Mar 30Full year 2023 earnings released: EPS: US$0.81 (vs US$0.78 in FY 2022)Full year 2023 results: EPS: US$0.81 (up from US$0.78 in FY 2022). Revenue: US$4.50b (up 5.0% from FY 2022). Net income: US$722.2m (up 3.5% from FY 2022). Profit margin: 16% (in line with FY 2022). Production and reserves: Gold Production: 2,243.5 troy koz (2,321.9 troy koz in FY 2022) Number of mines: 8 (9 in FY 2022) Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Mar 29Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.7% to €14.60. The fair value is estimated to be €12.04, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 7.5%. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €13.35, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 86% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.94 per share.Upcoming Dividend • Mar 06Upcoming dividend of R4.20 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 18 March 2024. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (4.4%).공지 • Mar 05Galiano Gold Inc. (TSX:GAU) acquired 45% stake in Asanko Gold Mine in Ghana from Gold Fields Limited (JSE:GFI) and Gold Fields Orogen Holding (BVI) Ltd. for $170 millionGaliano Gold Inc. (TSX:GAU) entered a share purchase agreement to acquire 45% stake in Asanko Gold Mine in Ghana from Gold Fields Limited (JSE:GFI) and Gold Fields Orogen Holding (BVI) Ltd. for $170 million on December 20, 2023. The consideration consists of $150 million in cash and $20 million in common equity. As part of the consideration, $170 million was paid towards assets. An aggregate cash purchase price of $150 million, payable as follows: (i) $65 million (the "Initial Cash Consideration") on the closing date of the transaction, subject to adjustment as described below; (ii) $25 million on or before December 31, 2025 (the "First Deferred Consideration"); (iii) $30 million on or before December 31, 2026 (the "Second Deferred Consideration"); and (iv) $30 million upon the production of 100,000 ounces of gold from the Nkran deposit forming part of the Asanko gold mine (the "Nkran Deposit"). Also $20 million (the "Share Consideration") to be satisfied by the issuance of Galiano Shares. Immediately prior to entering into the Share Purchase Agreement, Marsh Holdings Inc. owned 21,971,657 common shaes of Galiano, representing approximately 9.8% of the issued and outstanding shares ("Galiano Shares"). Post transaction, Gold Fields and its affiliates (collectively, the "Gold Fields group") holding more than 19.9% of the issued and outstanding Galiano Shares at the Closing Date. The transaction is subject to the receipt of all required regulatory approvals, including the approval of the Toronto Stock Exchange and the NYSE American, and any required Ghanaian ministerial notifications and approvals. As of February 21, 2024, Ministry of Lands and Natural Resources of the Republic of Ghana approved the transaction. The acquisition is expected to close in Q1 2024. Edgehill Advisory Ltd. acted as financial advisor and Blake, Cassels & Graydon LLP acted as legal advisor to Galiano Gold.Galiano Gold Inc. (TSX:GAU) completed the acquisition of 45% stake in Asanko Gold Mine in Ghana from Gold Fields Limited (JSE:GFI) and Gold Fields Orogen Holding (BVI) Ltd. for $170 million on March 4, 2024.Reported Earnings • Feb 23Full year 2023 earnings releasedFull year 2023 results: Revenue: US$4.50b (up 5.0% from FY 2022). Net income: US$722.2m (up 1.6% from FY 2022). Profit margin: 16% (in line with FY 2022). Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat.공지 • Feb 07Gold Fields Limited to Report Fiscal Year 2023 Final Results on Mar 28, 2024Gold Fields Limited announced that they will report fiscal year 2023 final results on Mar 28, 2024Board Change • Feb 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. CEO & Executive Director Mike Fraser was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.New Risk • Jan 09New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.4% average weekly change). Shareholders have been diluted in the past year (2.8% increase in shares outstanding).Valuation Update With 7 Day Price Move • Jan 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €11.40, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total returns to shareholders of 69% over the past three years.공지 • Dec 30+ 1 more updateGold Fields Limited to Report Q4, 2023 Results on Feb 22, 2024Gold Fields Limited announced that they will report Q4, 2023 results on Feb 22, 2024공지 • Dec 28Gold Fields Limited Provides Production Guidance for the Years 2024, 2025 and 2026Gold Fields Limited provided production guidance for the years 2024, 2025 and 2026. First gold is now expected in April 2024, with production volumes for 2024 expected to be in the range of 220,000 to 250,000 gold equivalent ounces. Planned production volumes for 2025 and 2026 remain unchanged at 600,000 gold equivalent ounces.공지 • Dec 22Galiano Gold Inc. (TSX:GAU) entered a share purchase agreement to acquire additional 45% stake in Asanko Gold Mine in Ghana from Gold Fields Limited (JSE:GFI) and Gold Fields Orogen Holding (BVI) Ltd. for $170 million.Galiano Gold Inc. (TSX:GAU) entered a share purchase agreement to acquire 45% stake in Asanko Gold Mine in Ghana from Gold Fields Limited (JSE:GFI) and Gold Fields Orogen Holding (BVI) Ltd. for $170 million on December 20, 2023. The consideration consists of $150 million in cash and $20 million in common equity. As part of the consideration, $170 million was paid towards assets. An aggregate cash purchase price of $150 million, payable as follows: (i) $65 million (the "Initial Cash Consideration") on the closing date of the transaction, subject to adjustment as described below; (ii) $25 million on or before December 31, 2025 (the "First Deferred Consideration"); (iii) $30 million on or before December 31, 2026 (the "Second Deferred Consideration"); and (iv) $30 million upon the production of 100,000 ounces of gold from the Nkran deposit forming part of the Asanko gold mine (the "Nkran Deposit"). Also $20 million (the "Share Consideration") to be satisfied by the issuance of Galiano Shares. Immediately prior to entering into the Share Purchase Agreement, Marsh Holdings Inc. owned 21,971,657 common shaes of Galiano, representing approximately 9.8% of the issued and outstanding shares ("Galiano Shares"). Post transaction, Gold Fields and its affiliates (collectively, the "Gold Fields group") holding more than 19.9% of the issued and outstanding Galiano Shares at the Closing Date. The transaction is subject to the receipt of all required regulatory approvals, including the approval of the Toronto Stock Exchange and the NYSE American, and any required Ghanaian ministerial notifications and approvals. The acquisition is expected to close in Q1 2024. Edgehill Advisory Ltd. acted as financial advisor and Blake, Cassels & Graydon LLP acted as legal advisor to Galiano Gold.Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €14.95, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total returns to shareholders of 119% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.61 per share.Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €14.50, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 120% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €23.95 per share.공지 • Nov 24Gold Fields Limited Appoints Carel Albert Tecumseh Smit to Risk Committee, Capital Projects Control and Review Committee and Ad Hoc Investment Committee, Effect from 1 December 2023Gold Fields Limited board of directors (Board) has approved the appointment of Mr. Carel Albert Tecumseh Smit, a non-executive director of the Board, to the following Board sub-committees with effect from 1 December 2023: Risk Committee; Capital Projects Control and Review Committee; and Ad Hoc Investment Committee. Mr. Smit is currently also a member of the Audit Committee.Valuation Update With 7 Day Price Move • Oct 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €11.70, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 20% over the past three years.공지 • Oct 10+ 1 more updateGold Fields Limited Announces Executive Changes, Effective 31 December 2023, Effective 1 January 2024The Board of Directors of Gold Fields announced the appointment of Mr. Michael (Mike) Fraser as the Chief Executive Officer (CEO) of Company with effect from 1 January 2024. Mr. Fraser will be based in the Gold Fields Corporate Office in Johannesburg, South Africa. Mr. Fraser will succeed Mr. Martin Preece, who has served as Interim CEO and Executive Director of the Company since 1 January 2023. Mr. Fraser is a mining industry executive with extensive experience. He is currently the CEO of AIM-listed Chaarat Gold Holdings and prior to that was with South32 as Chief Operating Officer of its global Aluminium, Nickel, SA Manganese and Energy Coal businesses. He was also previously an executive with BHP, with roles as Chief Human Resources Officer and President of Mozal Aluminium in Mozambique. To ensure a seamless leadership transition, Mr. Preece will continue as Interim CEO until 31 December 2023. Mr. Preece will remain with the Company as part of its executive management team with further information to be announced in due course.공지 • Sep 23An unknown buyer acquired an unknown stake in Gold Fields Limited (JSE:GFI).An unknown buyer acquired an unknown stake in Gold Fields Limited (JSE:GFI) on September 21, 2023. Following this transaction, the buyer’s stake has reached to a 5.2% in Gold Fields Limited.An unknown buyer completed the acquisition of an unknown stake in Gold Fields Limited (JSE:GFI) on September 21, 2023.Upcoming Dividend • Aug 30Upcoming dividend of R3.25 per share at 3.0% yieldEligible shareholders must have bought the stock before 06 September 2023. Payment date: 11 September 2023. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (8.6%).Board Change • Aug 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Carel Albert Smit was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공지 • Aug 18+ 1 more updateGold Fields Limited Announces Retirement of Paul Schmidt, Executive DirectorThe board of Gold Fields Limited announced that Mr. Paul Schmidt, Executive Director of the Company, has informed the Board of his intention to proceed on early retirement. Paul's successful tenure with the Company commenced in 1996. He was appointed as CFO in 2008 and joined the Board as an executive director in 2009.공지 • Aug 17Gold Fields Limited Announces Retirement of Paul Schmidt, Chief Financial OfficerThe board of Gold Fields Limited announced that Mr. Paul Schmidt, Chief Financial Officer of the Company, has informed the Board of his intention to proceed on early retirement. Paul's successful tenure with the Company commenced in 1996. He was appointed as CFO in 2008 and joined the Board as an executive director in 2009.공지 • Aug 03Gold Fields Limited Provides Production Guidance for the Second Quarter and Earnings and Production Guidance for the Six Months Ended June 30, 2023Gold Fields Limited provided production guidance for the second quarter and earnings and production guidance for the six months ended June 30, 2023. For the second quarter of 2023, attributable gold equivalent production is expected to be 577 koz (First quarter of 2023: 577 koz).For the first half of 2023, the company expects attributable gold equivalent production to be 1,154 koz, a 4% decrease YoY (first half of 2022: 1,201 koz). For the six months ended June 30, 2023, headline earnings per share expected to range between USD 0.49 to USD 0.53 per share (USD 0.05 to USD 0.09 per share lower), which is 9% to 16% lower than the headline earnings of USD 0.58 per share reported for the six months ended 30 June 2022. Basic earnings per share for first half of 2023 are expected to range between USD 0.49 to USD 0.53 per share (USD 0.04 to USD 0.08 per share lower), which is 7% to 14% lower than the basic earnings of USD 0.57 per share reported for the first half of 2022, for the same reasons given for headline earnings. Normalised earnings per share for first half of 2023 are expected to range between USD 0.49 to USD 0.53 per share (USD 0.03 to USD 0.07 per share lower), which is 5% to 13% lower than the normalised earnings of USD 0.56 per share reported for the first half of 2022, for the same reasons given for headline earnings.공지 • Jun 11Gold Fields Limited to Report First Half, 2023 Results on Aug 17, 2023Gold Fields Limited announced that they will report first half, 2023 results on Aug 17, 2023공지 • Jun 03Gold Fields Limited Appoints Carel Albertus Tecumseh Smit to Audit CommitteeGold Fields Limited announced that Shareholders are advised that, further to an announcement on 31 May 2023 regarding the appointment of Mr. Carel Albertus Tecumseh Smit as a Non-Executive Director of the Board of Directors ("Board"), in terms of 3.59(c) of the JSE Listings Requirements, the Board approved the election of Mr. Smit as a member of the Audit Committee with effect from 1 June 2023.공지 • Jun 01Gold Fields Limited Announces Appointment of Carel Albert Tecumseh Smit as Non-Executive Director, Effective 1 June 2023The Board of Directors of Gold Fields announced the appointment of Mr. Carel Albert Tecumseh Smit as a Non-Executive Director to the Board with effect from 1 June 2023. Mr. Smit holds the qualifications B. Compt (University of Free State), CTA (University of Free State), Higher Diploma in Tax Law (University of Witwatersrand) and is a qualified Chartered Accountant. Mr. Smit joined KPMG in 1985, served his articles at Alex Aiken & Carter (KPMG) until 1987 and spent 35 years in the audit profession at KPMG. Mr. Smit has extensive experience in audit, tax and advisory and dedicated a significant part of his auditing career in the mining sector across Africa, South America, and Australia. His work included mergers/acquisitions, due diligences, listings, audit, and internal audit. Mr. Smit was also KPMG's lead partner on the Gold Fields audit from 2010 to 2017. He retired from KPMG in 2019 and has since been working as an independent consultant.공지 • May 05Gold Fields Limited Provides Production Guidance for the Year 2023Gold Fields Limited provided production Guidance for the Year 2023. For the period, company expects Group production remains on track to deliver the Fiscal Year 2023 guidance provided in February 2023. Group AISC for the quarter was USD 1,152/oz, also largely flat YoY and up 8% QoQ. AIC for the Group was USD 1,343/oz, 2% higher YoY (up 3% QoQ) due to higher capital expenditure at the Salares Norte project.공지 • Feb 16Gold Fields Limited Provides Production Guidance for the Fourth Quarter and Full Year 2022Gold Fields Limited provided production guidance for the fourth quarter and full year 2022. For the quarter, attributable gold equivalent production is expected to be 601koz (Q3 2022: 597koz), with AIC for the quarter expected to be USD 1,298/oz (Q3 2022: USD 1,279/oz). AISC is expected to be USD 1,063/oz (Q3 2022: USD 1,061/oz).For the year, the company's Attributable gold equivalent production for Fiscal Year 2022 is expected to be 2,399koz, a 3% increase YoY (FY 2021: 2,340koz), exceeding the guidance range (upgraded in August 2022) of 2,310koz - 2,360koz. All-in costs (AIC) for Fiscal Year 2022 is expected to be USD 1,320/oz, 2% higher than Fiscal Year 2021 (USD 1,297/oz), and below the lower end of the guidance range of USD 1,370/oz - USD 1,410/oz. The YoY increase is driven by an increase in operating costs due to mining inflation, partially offset by decreased project capex at Salares Norte and weaker exchange rates. AIC, if adjusted to 2022 guidance exchange rates (R/USD 15.55 and USD /AUD 0.76), is expected to be USD 1,381/oz, within the guidance range. All-in sustaining costs (AISC) for Fiscal Year 2022 is expected to be USD 1,105/oz, 4% higher than Fiscal Year 2021 (USD 1,063/oz), also below the lower end of the guidance range of USD 1,140/oz - USD 1,180/oz. AISC, if adjusted to 2022 guidance exchange rates, is expected to be USD 1,160/oz, also within the guidance range.Reported Earnings • Aug 20First half 2021 earnings released: EPS US$0.44 (vs US$0.18 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$1.98b (up 13% from 1H 2020). Net income: US$387.4m (up 149% from 1H 2020). Profit margin: 20% (up from 8.9% in 1H 2020). Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth.Executive Departure • Jun 02Independent Non-Executive Director has left the companyOn the 30th of May, Carmen Letton's tenure as Independent Non-Executive Director ended after 4.1 years in the role. We don't have any record of a personal shareholding under Carmen's name. A total of 4 executives have left over the last 12 months.Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$9.88, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 240% over the past three years.Executive Departure • Apr 10CEO & Executive Director Nicholas Holland has left the companyOn the 31st of March, Nicholas Holland, was replaced as CEO by Christopher Griffith after 12.9 years in the role. As of December 2020, Nicholas personally held 2.19m shares (€17m worth at the time). A total of 3 executives have left over the last 12 months. Under Nicholas' leadership, the company delivered a total shareholder return of 10%.Reported Earnings • Apr 02Full year 2020 earnings released: EPS US$0.82 (vs US$0.20 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$3.89b (up 31% from FY 2019). Net income: US$723.0m (up 347% from FY 2019). Profit margin: 19% (up from 5.4% in FY 2019). The increase in margin was driven by higher revenue. Production and reserves: Gold Production: 2,236.7 troy koz (2,195.4 troy koz in FY 2019) Number of mines: 9 (9 in FY 2019) Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.Executive Departure • Mar 13Deputy Chairperson & Lead Independent Director has left the companyOn the 10th of March, Richard Menell's tenure as Deputy Chairperson & Lead Independent Director ended after 12.4 years in the role. We don't have any record of a personal shareholding under Richard's name. A total of 2 executives have left over the last 12 months.Upcoming Dividend • Mar 03Upcoming Dividend of R3.20 Per ShareWill be paid on the 15th of March to those who are registered shareholders by the 10th of March. The trailing yield of 5.0% is in the top quartile of German dividend payers (3.4%), and it is higher than industry peers (4.3%).Executive Departure • Mar 03Independent Non-Executive Director has left the companyOn the 28th of February, Phuti Mahanyele-Dabengwa's tenure as Independent Non-Executive Director ended after 2.5 years in the role. We don't have any record of a personal shareholding under Phuti's name. Phuti is the only executive to leave the company over the last 12 months.Recent Insider Transactions • Feb 26Executive Vice President of Strategy recently sold €2.1m worth of stockOn the 22nd of February, Brett Mattison sold around 300k shares on-market at roughly €7.12 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.7m more than they bought in the last 12 months.Is New 90 Day High Low • Feb 25New 90-day low: €6.99The company is down 1.0% from its price of €7.10 on 27 November 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 59% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €20.91 per share.Analyst Estimate Surprise Post Earnings • Feb 20Revenue misses expectationsRevenue missed analyst estimates by 0.1%. Over the next year, revenue is forecast to grow 11%, compared to a 20% growth forecast for the Metals and Mining industry in Germany.Reported Earnings • Feb 20Full year 2020 earnings released: EPS US$0.82 (vs US$0.20 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$3.89b (up 31% from FY 2019). Net income: US$723.0m (up 347% from FY 2019). Profit margin: 19% (up from 5.4% in FY 2019). The increase in margin was driven by higher revenue. Production and reserves: Gold Production: 2,141.9 troy koz (2,059.6 troy koz in FY 2019) Number of mines: 9 (9 in FY 2019) Copper Production: 24,733 t Number of mines: 1 (1 in FY 2019) Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: EDGA 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: EDGA 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Gold Fields 배당 수익률 vs 시장EDGA의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (EDGA)4.7%시장 하위 25% (DE)1.5%시장 상위 25% (DE)4.6%업계 평균 (Metals and Mining)1.5%분석가 예측 (EDGA) (최대 3년)4.3%주목할만한 배당금: EDGA 의 배당금( 4.66% )은 German 시장에서 배당금 지급자의 하위 25%( 1.48% )보다 높습니다.고배당: EDGA 의 배당금( 4.66% )은 German 시장( 4.58% )주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 38.6% )로 EDGA 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 합리적인 현금 지급 비율 ( 63.3% )로 EDGA 의 배당금 지급은 현금 흐름으로 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YDE 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/06 12:54종가2026/05/06 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Gold Fields Limited는 20명의 분석가가 다루고 있습니다. 이 중 8명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Herbert KharivheAbsa Bank LimitedAndrew ByrneBarclaysRaj RayBMO Capital Markets Equity Research17명의 분석가 더 보기
공지 • Feb 20+ 2 more updatesGold Fields Limited declared a special dividend for Year Ended 31 December 2025Gold Fields Limited declared a special dividend of 450 SA cents per share for the year ended 31 December 2025. The payment of the special dividend has been approved by the South African Reserve Bank. Record date: 13 March 2026 and ex-dividend: 11 March 2026.
Declared Dividend • Aug 25First half dividend of R7.00 announcedShareholders will receive a dividend of R7.00. Ex-date: 10th September 2025 Payment date: 15th September 2025 Dividend yield will be 27%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 31% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 43% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공지 • Aug 23Gold Fields Limited Declares Interim Dividend for Six Months Ended 30 June 2025, Payable on 15 September 2025The Board of Gold Fields Limited has approved and declared an interim dividend of 700 SA cents per ordinary share (gross) in respect of the six months ended 30 June 2025. Shares commence trading ex-dividend date is 10 September 2025. Record date is 12 September 2025. Payment of dividend is 15 September 2025.
공지 • Feb 20Gold Fields Limited Declares A Final Dividend Number 101 of the Year Ended 31 December 2024, Payable on 17 March 2025Gold Fields Limited Board has approved and declared a final dividend number 101 of 700 SA cents per ordinary share (gross) in respect of the year ended 31 December 2024. The final dividend will be subject to the dividend withholding tax of 20% (twenty per cent). Declaration date: 20 February 2025; Last date to trade cum-dividend: 11 March 2025; Shares commence trading ex-dividend: 12 March 2025; Record date: 14 March 2025; and Payment of dividend: 17 March 2025.
Declared Dividend • Aug 26First half dividend of R3.00 announcedShareholders will receive a dividend of R3.00. Ex-date: 11th September 2024 Payment date: 16th September 2024 Dividend yield will be 24%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but not covered by cash flows (140% cash payout ratio). The dividend has increased by an average of 34% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 165% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공지 • Aug 23Gold Fields Limited Approves an Interim Dividend for the Six Months Ended 30 June 2024, Payable on 16 September 2024The Board of Gold Fields Limited has approved and declared an interim dividend of 300 SA cents per ordinary share (gross) in respect of the six months ended 30 June 2024. Shares commence trading ex-dividend date is 11 September 2024. Record date is 13 September 2024. Payment of dividend is 16 September 2024.
공지 • Mar 30Gold Fields Limited, Annual General Meeting, May 21, 2026Gold Fields Limited, Annual General Meeting, May 21, 2026. Location: 150 helen road, sandown, sandton South Africa
공지 • Feb 20+ 2 more updatesGold Fields Limited declared a special dividend for Year Ended 31 December 2025Gold Fields Limited declared a special dividend of 450 SA cents per share for the year ended 31 December 2025. The payment of the special dividend has been approved by the South African Reserve Bank. Record date: 13 March 2026 and ex-dividend: 11 March 2026.
공지 • Jan 12Gold Fields Limited to Report Q4, 2025 Results on Feb 19, 2026Gold Fields Limited announced that they will report Q4, 2025 results at 7:05 AM, South Africa Standard Time on Feb 19, 2026
공지 • Nov 28Gold Fields Limited Announces Committee Changes, Effective December 1, 2025Gold Fields Limited approved the appointment of Mr. John Fraser MacKenzie and Mr. Michael Ian Rawlinson, both non- executive directors of the Board, to the following Board sub-committees with effect from 1 December 2025: 1. Mr. MacKenzie: the Nomination and Governance Committee; Safety, Health and Sustainable Development Committee; Technical Committee and Strategy and Investment Committee. 2. Mr. Rawlinson: the Audit Committee; Remuneration Committee; and Strategy and Investment Committee.
공지 • Sep 25Gold Fields Reportedly Considers Sale of $1.1 Billion Stake in Northern StarThe $1 billion stake held in Northern Star Resources Limited (ASX:NST) by Gold Fields Limited (JSE:GFI) is in focus for investment bankers, which are said to be pitching on a selldown that may happen as early as this week. When South Africa's Gold Fields finalises its deal to buy Australian-listed gold miner Gold Road Resources this week for $3.6 billion or $3.29 per share, Gold Fields will inherit almost 49.3 million shares in Northern Star. Gold Road had inherited the Northern Star stake because it earlier owned a 17.3% stake in De Grey Mining. Northern Star bought De Grey Mining in May for $5 billion. The adviser for Gold Fields is JPMorgan and it will likely advise on the selldown out of Northern Star. If the block trade unfolds, the Northern Star shares will likely be in strong demand as investors hope to capitalise on the gold price hitting new records this year of over $5,000 an ounce.
Declared Dividend • Aug 25First half dividend of R7.00 announcedShareholders will receive a dividend of R7.00. Ex-date: 10th September 2025 Payment date: 15th September 2025 Dividend yield will be 27%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 31% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 43% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 24First half 2025 earnings released: EPS: US$1.15 (vs US$0.43 in 1H 2024)First half 2025 results: EPS: US$1.15 (up from US$0.43 in 1H 2024). Revenue: US$3.48b (up 64% from 1H 2024). Net income: US$1.03b (up 164% from 1H 2024). Profit margin: 30% (up from 18% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Aug 23Gold Fields Limited Declares Interim Dividend for Six Months Ended 30 June 2025, Payable on 15 September 2025The Board of Gold Fields Limited has approved and declared an interim dividend of 700 SA cents per ordinary share (gross) in respect of the six months ended 30 June 2025. Shares commence trading ex-dividend date is 10 September 2025. Record date is 12 September 2025. Payment of dividend is 15 September 2025.
공지 • Jun 12Gold Fields Appoints John Mackenzie and Michael Rawlinson as Non-Executive Directors with Effect from 1 August 2025The Board of Directors of Gold Fields announced the appointments of John MacKenzie and Michael Rawlinson as Non-Executive Directors to the Board with effect from 1 August 2025. Mr. MacKenzie holds a Master's Degree in Business Leadership from the University of South Africa, and Bachelor and Master's Degrees in Mining Engineering from the University of the Witwatersrand. He also attended the Advanced Management Program at Harvard Business School. Born and raised in South Africa, Mr. MacKenzie started his career with Anglo American where he gained deep operational and leadership exposure across a range of commodities, including coal, zinc and copper. He has extensive experience in both executive and non-executive roles and various board committees. Mr. MacKenzie has over 30 years' experience across both operational and investment roles in the mining and metals sector and has extensive international experience, including in emerging markets. Mr. Rawlinson holds a Master's Degree in Environmental Resource Economics from the University College of London and a Bachelor's Degree in Social Sciences and Economics from the University of Birmingham. Mr. Rawlinson brings 25 years' experience in the mining and metals industry, underpinned by a strong foundation in finance and strategic advisory after spending his early career as an equity analyst and investment banker. Mr. Rawlinson is experienced in both executive and non-executive roles in both listed and unlisted companies. The Chair and Board welcomes Mr. MacKenzie and Mr. Rawlinson and looks forward to their contributions and guidance as the Company continues to deliver on its strategy.
공지 • May 28Gold Fields Limited Approves Social, Ethics and Transformation Committee ElectionsGold Fields Limited held its Annual General Meeting on May 28, 2025, MC Bitar was elected as a member and Chairperson of the Social, Ethics and Transformation (SET) Committee, with A Andani, MJ Fraser, SL McCrae, and CAT Smit elected as SET Committee members.
공지 • Mar 28Gold Fields Limited, Annual General Meeting, May 28, 2025Gold Fields Limited, Annual General Meeting, May 28, 2025. Location: 150 helen road, sandown, sandton South Africa
공지 • Mar 20Gold Fields Limited to Report First Half, 2025 Results on Aug 22, 2025Gold Fields Limited announced that they will report first half, 2025 results on Aug 22, 2025
공지 • Feb 22Gold Fields Limited Announces Changes to Board CommitteesGold Fields Limited has approved the following changes to the Board and in the allocations of Non-Executive Directors to the Board Committees, all effective 28 May 2025. Retirement as Directors and Members of the Board Mr. Reid and Mr. Bacchus will retire as Non-Executive Directors and Members of the Board on 28 May 2025. Changes to Lead Independent Director, Committee Chairs and Committee Membership 1.Lead Independent Director (LID") Mr. Reid retires as LID and Ms. McGill has been elected as LID. 2.Remuneration Committee Mr. Reid retires as member and Chair from the Remuneration Committee and Ms. McGill, who is a member of this Committee, has been elected Chair of the Remuneration Committee. 3.Social, Ethics and Transformation Committee Ms. McGill retires as member and Chair from the Social, Ethics and Transformation Committee and Ms. Bitar has been elected as Chair of the Social, Ethics and Transformation Committee. 4.Risk Committee Mr. Bacchus retires as member and Chair from the Risk Committee and Ms. Bassa has been elected as Chair of the Risk Committee. 5.Strategy and Investment Committee Mr. Bacchus retires as member and Chair from the Strategy and Investment Committee and Mr. Smit has been elected as Chair of the Strategy and Investment Committee. 6.Social, Ethics and Transformation Committee Ms. Sibiya retired as member from the Committee and Mr. Smit has been elected as member of the Committee and 7.Technical Committee Mr. Smit retired as member from the Committee.
공지 • Feb 20Gold Fields Limited Declares A Final Dividend Number 101 of the Year Ended 31 December 2024, Payable on 17 March 2025Gold Fields Limited Board has approved and declared a final dividend number 101 of 700 SA cents per ordinary share (gross) in respect of the year ended 31 December 2024. The final dividend will be subject to the dividend withholding tax of 20% (twenty per cent). Declaration date: 20 February 2025; Last date to trade cum-dividend: 11 March 2025; Shares commence trading ex-dividend: 12 March 2025; Record date: 14 March 2025; and Payment of dividend: 17 March 2025.
공지 • Feb 08Gold Fields Limited Provides Production Guidance for the Fourth Quarter and Full Year Ended 31 December 2024 and Provides Earnings Guidance for the Year Ended 31 December 2024Gold Fields Limited provided production guidance for the fourth quarter and full year ended 31 December 2024 and provided earnings guidance for the year ended 31 December 2024. For the quarter, the company expects attributable gold equivalent production to be 26% higher QoQ at 643 koz (Q3 2024: 510 koz) and 8% higher YoY (Q4 2023 excluding Asanko production: 594 koz). For the full year, the company expects attributable gold equivalent production to be 2,071 koz (FY 2023: 2,304 koz), in line with the revised group guidance of 2,050 koz to 2,150 koz. Basic earnings per share expects to be in the range from USD 1.34 to USD 1.44 (USD 0.55 to USD 0.65 per share higher), which is 70% to 82% higher than the basic earnings of USD 0.79 per share reported for Fiscal Year 2023. Basic earnings per share for continuing operations expects to be in the range from USD 1.34 to USD 1.44 (USD 0.53 to USD 0.63 per share higher), which is 65% to 78% higher than the headline earnings for continuing operations of USD 0.81 per share reported for Fiscal Year 2023. Basic earnings per share for discontinued operations expects to be nil compared to a basic loss of USD 0.02 per share reported for Fiscal Year 2023. Normalised profit per share expects to be in the range from USD 1.32 to USD 1.42 (USD 0.31 to USD 0.41 per share higher), which is 31% to 41% higher than the normalised profit of USD 1.01 per share reported for Fiscal Year 2023.
공지 • Feb 07+ 1 more updateGold Fields Limited Announces Executive Director ChangesAnnounced on 26 August 2024 in which the Board of Directors of Gold Fields announced the appointment of Mr. Phillip Anthony Murnane as CFO and an Executive Director of the Company. At the time of the Announcement, the Company was finalising Mr. Murnane's commencement date, which was expected to be in early 2025. Mr. Murnane has confirmed that, due to personal reasons, he is unfortunately unable to join the Company. The Board announced the appointment of Mr. Alex Dall as the permanent CFO and an Executive Director of the Company effective from 1 March 2025. Mr. Dall has been serving as interim CFO since the retirement of Mr. Paul Schmidt in April 2024. During this period, he has demonstrated strong and visible leadership, strategic and financial acumen and a deep commitment to the success of the Company, making valuable contributions to Gold Fields' executive team and the global business. As interim CFO, he successfully delivered the financial results for the six months ended 30 June 2024, secured debt financing for the acquisition of Osisko Mining (which was announced on 12 August 2024) and led the transition of the Finance function as part of the organisational restructure undertaken by the Company in 2024. In recent years, Mr. Dall has been pivotal in structuring, negotiating, and executing group funding strategies, providing strategic oversight on M&A transactions, and driving corporate financial, tax and capital efficiency initiatives. Mr. Dall is a qualified Chartered Accountant South Africa having obtained his Bachelor of Business Science and Post Graduate Diploma in Accounting from the University of Cape Town. He joined the Company in 2014, focusing on SOX and technical accounting work in the Finance function and was promoted to Vice President Corporate Finance in 2022, responsible for the funding requirements of the Group. Prior to Gold Fields, Mr. Dall worked at KPMG, where he completed his articles in the energy and natural resources department.
공지 • Feb 06Gold Fields Limited to Report Fiscal Year 2024 Results on Feb 20, 2025Gold Fields Limited announced that they will report fiscal year 2024 results on Feb 20, 2025
Board Change • Dec 30High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non- Executive Director Zarina Bibi Bassa was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공지 • Nov 29Gold Fields Limited Announces Committee Appointments, with Effect from 1 December 2024The board of directors of Gold Fields Limited has approved the following Board committee appointments with effect from 1 December 2024. Ms. Zarina Bibi Mahomed Bassa, a non-executive director who is a member of the Audit Committee, has been appointed to the following committees: Risk Committee, Remuneration Committee; and Strategy and Investment Committee. Ms. Shannon Leigh McCrae, a non-executive director, has been appointed to the following committees: Capital Projects Control and Review Committee; Social, Ethics and Transformation Committee; Safety Health and Sustainable Development Committee; and Strategy and Investment Committee. Ms. Philisiwe Gugulethu Sibiya, a non-executive director, has also been appointed to the Strategy and Investment Committee.
공지 • Nov 10Gold Fields Limited to Report Q3, 2024 Results on Nov 14, 2024Gold Fields Limited announced that they will report Q3, 2024 results at 7:05 AM, South Africa Standard Time on Nov 14, 2024
Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €16.40, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 116% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €27.01 per share.
Board Change • Sep 28High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non- Executive Director Zarina Bibi Bassa was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Declared Dividend • Aug 26First half dividend of R3.00 announcedShareholders will receive a dividend of R3.00. Ex-date: 11th September 2024 Payment date: 16th September 2024 Dividend yield will be 24%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but not covered by cash flows (140% cash payout ratio). The dividend has increased by an average of 34% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 165% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공지 • Aug 26Gold Fields Limited Announces Executive ChangesThe Board of Directors of Gold Fields announced the appointment of Mr. Phillip Anthony Murnane as an Executive Director of the Company. Mr. Murnane will be based at the Gold Fields Corporate Office in Johannesburg, South Africa. The Company is currently finalising Mr. Murnane's commencement date, which is expected to be in early 2025. The Company will update Shareholders once this has been determined. Mr. Murnane will succeed Mr. Paul Schmidt, who served as CFO and Executive Director of the Company until 30 April 2024, and will take over from Mr. Alex Dall who has acted as Interim CFO from 1 May 2024 to date. Mr. Murnane is a qualified accountant, with sound operational finance background and over 20 years of experience in the resources sector, including as the CFO in several roles. He obtained a Bachelor of Commerce and a Bachelor of Economics from the Australian National University, subsequently becoming a Member of the Institute of Chartered Accountants of Australia in 2003. Mr. Murnane began his career at Deloitte before embarking on an international career spanning four continents. He has subsequently held senior roles at Centrica, Glencore, Noble, Ferroglobe and lately at commodities brokers ED&F Man. To ensure a seamless transition, Mr. Dall will continue as Interim CFO until Mr. Murnane's employment commences.
Reported Earnings • Aug 25First half 2024 earnings released: EPS: US$0.43 (vs US$0.51 in 1H 2023)First half 2024 results: EPS: US$0.43 (down from US$0.51 in 1H 2023). Revenue: US$2.12b (down 6.3% from 1H 2023). Net income: US$389.0m (down 15% from 1H 2023). Profit margin: 18% (down from 20% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
공지 • Aug 23Gold Fields Limited Approves an Interim Dividend for the Six Months Ended 30 June 2024, Payable on 16 September 2024The Board of Gold Fields Limited has approved and declared an interim dividend of 300 SA cents per ordinary share (gross) in respect of the six months ended 30 June 2024. Shares commence trading ex-dividend date is 11 September 2024. Record date is 13 September 2024. Payment of dividend is 16 September 2024.
Buy Or Sell Opportunity • Jun 16Now 30% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.2% to €12.60. The fair value is estimated to be €17.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 7.8%. For the next 3 years, revenue is forecast to grow by 9.8% per annum. Earnings are also forecast to grow by 32% per annum over the same time period.
공지 • Jun 14+ 1 more updateGold Fields Limited to Report First Half, 2024 Results on Aug 23, 2024Gold Fields Limited announced that they will report first half, 2024 results on Aug 23, 2024
Buy Or Sell Opportunity • May 25Now 22% undervaluedOver the last 90 days, the stock has risen 26% to €14.45. The fair value is estimated to be €18.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 7.8%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 26% per annum over the same time period.
Buy Or Sell Opportunity • May 07Now 21% undervaluedOver the last 90 days, the stock has risen 13% to €14.80. The fair value is estimated to be €18.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 7.8%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 26% per annum over the same time period.
공지 • Apr 30Gold Fields Limited Announces Chief Financial Officer ChangesGold Fields Limited referred on 17 August 2023 (Announcement), in which the Company conveyed the intention of Mr. Paul Andy Schmidt, currently the Chief Financial Officer (CFO) to proceed on early retirement. Mr. Schmidt will now be retiring and therefore will be stepping down from the board of directors (Board) and his position as CFO and Executive Director with effect from 30 April 2024. Mr. Schmidt will, however, remain in the employ of the Company until 30 June 2024. Mr. Alex Dall, currently the VP Corporate Finance at Gold Fields, has been appointed as Interim CFO with effect from 1 May 2024, pending the appointment of a permanent CFO and Executive Director. The Audit Committee has confirmed that Mr. Dall is suitably qualified with the appropriate experience and expertise to assume the role and responsibility as Interim CFO. Mr. Schmidt was appointed CFO on 1 January 2009 and joined the Board on 6 November 2009. Prior to his appointment as CFO of Gold Fields, Mr. Schmidt held the positions of acting CFO from May 2008 and Financial Controller from April 2003. He joined Gold Fields in 1996. The process to appoint the new CFO is progressing well and is in its final stages.
공지 • Apr 02Gold Fields Limited to Report Q1, 2024 Results on May 23, 2024Gold Fields Limited announced that they will report Q1, 2024 results on May 23, 2024
Reported Earnings • Mar 30Full year 2023 earnings released: EPS: US$0.81 (vs US$0.78 in FY 2022)Full year 2023 results: EPS: US$0.81 (up from US$0.78 in FY 2022). Revenue: US$4.50b (up 5.0% from FY 2022). Net income: US$722.2m (up 3.5% from FY 2022). Profit margin: 16% (in line with FY 2022). Production and reserves: Gold Production: 2,243.5 troy koz (2,321.9 troy koz in FY 2022) Number of mines: 8 (9 in FY 2022) Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Mar 29Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.7% to €14.60. The fair value is estimated to be €12.04, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 7.5%. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €13.35, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 86% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.94 per share.
Upcoming Dividend • Mar 06Upcoming dividend of R4.20 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 18 March 2024. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (4.4%).
공지 • Mar 05Galiano Gold Inc. (TSX:GAU) acquired 45% stake in Asanko Gold Mine in Ghana from Gold Fields Limited (JSE:GFI) and Gold Fields Orogen Holding (BVI) Ltd. for $170 millionGaliano Gold Inc. (TSX:GAU) entered a share purchase agreement to acquire 45% stake in Asanko Gold Mine in Ghana from Gold Fields Limited (JSE:GFI) and Gold Fields Orogen Holding (BVI) Ltd. for $170 million on December 20, 2023. The consideration consists of $150 million in cash and $20 million in common equity. As part of the consideration, $170 million was paid towards assets. An aggregate cash purchase price of $150 million, payable as follows: (i) $65 million (the "Initial Cash Consideration") on the closing date of the transaction, subject to adjustment as described below; (ii) $25 million on or before December 31, 2025 (the "First Deferred Consideration"); (iii) $30 million on or before December 31, 2026 (the "Second Deferred Consideration"); and (iv) $30 million upon the production of 100,000 ounces of gold from the Nkran deposit forming part of the Asanko gold mine (the "Nkran Deposit"). Also $20 million (the "Share Consideration") to be satisfied by the issuance of Galiano Shares. Immediately prior to entering into the Share Purchase Agreement, Marsh Holdings Inc. owned 21,971,657 common shaes of Galiano, representing approximately 9.8% of the issued and outstanding shares ("Galiano Shares"). Post transaction, Gold Fields and its affiliates (collectively, the "Gold Fields group") holding more than 19.9% of the issued and outstanding Galiano Shares at the Closing Date. The transaction is subject to the receipt of all required regulatory approvals, including the approval of the Toronto Stock Exchange and the NYSE American, and any required Ghanaian ministerial notifications and approvals. As of February 21, 2024, Ministry of Lands and Natural Resources of the Republic of Ghana approved the transaction. The acquisition is expected to close in Q1 2024. Edgehill Advisory Ltd. acted as financial advisor and Blake, Cassels & Graydon LLP acted as legal advisor to Galiano Gold.Galiano Gold Inc. (TSX:GAU) completed the acquisition of 45% stake in Asanko Gold Mine in Ghana from Gold Fields Limited (JSE:GFI) and Gold Fields Orogen Holding (BVI) Ltd. for $170 million on March 4, 2024.
Reported Earnings • Feb 23Full year 2023 earnings releasedFull year 2023 results: Revenue: US$4.50b (up 5.0% from FY 2022). Net income: US$722.2m (up 1.6% from FY 2022). Profit margin: 16% (in line with FY 2022). Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat.
공지 • Feb 07Gold Fields Limited to Report Fiscal Year 2023 Final Results on Mar 28, 2024Gold Fields Limited announced that they will report fiscal year 2023 final results on Mar 28, 2024
Board Change • Feb 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. CEO & Executive Director Mike Fraser was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
New Risk • Jan 09New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.4% average weekly change). Shareholders have been diluted in the past year (2.8% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Jan 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €11.40, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total returns to shareholders of 69% over the past three years.
공지 • Dec 30+ 1 more updateGold Fields Limited to Report Q4, 2023 Results on Feb 22, 2024Gold Fields Limited announced that they will report Q4, 2023 results on Feb 22, 2024
공지 • Dec 28Gold Fields Limited Provides Production Guidance for the Years 2024, 2025 and 2026Gold Fields Limited provided production guidance for the years 2024, 2025 and 2026. First gold is now expected in April 2024, with production volumes for 2024 expected to be in the range of 220,000 to 250,000 gold equivalent ounces. Planned production volumes for 2025 and 2026 remain unchanged at 600,000 gold equivalent ounces.
공지 • Dec 22Galiano Gold Inc. (TSX:GAU) entered a share purchase agreement to acquire additional 45% stake in Asanko Gold Mine in Ghana from Gold Fields Limited (JSE:GFI) and Gold Fields Orogen Holding (BVI) Ltd. for $170 million.Galiano Gold Inc. (TSX:GAU) entered a share purchase agreement to acquire 45% stake in Asanko Gold Mine in Ghana from Gold Fields Limited (JSE:GFI) and Gold Fields Orogen Holding (BVI) Ltd. for $170 million on December 20, 2023. The consideration consists of $150 million in cash and $20 million in common equity. As part of the consideration, $170 million was paid towards assets. An aggregate cash purchase price of $150 million, payable as follows: (i) $65 million (the "Initial Cash Consideration") on the closing date of the transaction, subject to adjustment as described below; (ii) $25 million on or before December 31, 2025 (the "First Deferred Consideration"); (iii) $30 million on or before December 31, 2026 (the "Second Deferred Consideration"); and (iv) $30 million upon the production of 100,000 ounces of gold from the Nkran deposit forming part of the Asanko gold mine (the "Nkran Deposit"). Also $20 million (the "Share Consideration") to be satisfied by the issuance of Galiano Shares. Immediately prior to entering into the Share Purchase Agreement, Marsh Holdings Inc. owned 21,971,657 common shaes of Galiano, representing approximately 9.8% of the issued and outstanding shares ("Galiano Shares"). Post transaction, Gold Fields and its affiliates (collectively, the "Gold Fields group") holding more than 19.9% of the issued and outstanding Galiano Shares at the Closing Date. The transaction is subject to the receipt of all required regulatory approvals, including the approval of the Toronto Stock Exchange and the NYSE American, and any required Ghanaian ministerial notifications and approvals. The acquisition is expected to close in Q1 2024. Edgehill Advisory Ltd. acted as financial advisor and Blake, Cassels & Graydon LLP acted as legal advisor to Galiano Gold.
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €14.95, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total returns to shareholders of 119% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.61 per share.
Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €14.50, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 120% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €23.95 per share.
공지 • Nov 24Gold Fields Limited Appoints Carel Albert Tecumseh Smit to Risk Committee, Capital Projects Control and Review Committee and Ad Hoc Investment Committee, Effect from 1 December 2023Gold Fields Limited board of directors (Board) has approved the appointment of Mr. Carel Albert Tecumseh Smit, a non-executive director of the Board, to the following Board sub-committees with effect from 1 December 2023: Risk Committee; Capital Projects Control and Review Committee; and Ad Hoc Investment Committee. Mr. Smit is currently also a member of the Audit Committee.
Valuation Update With 7 Day Price Move • Oct 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €11.70, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 20% over the past three years.
공지 • Oct 10+ 1 more updateGold Fields Limited Announces Executive Changes, Effective 31 December 2023, Effective 1 January 2024The Board of Directors of Gold Fields announced the appointment of Mr. Michael (Mike) Fraser as the Chief Executive Officer (CEO) of Company with effect from 1 January 2024. Mr. Fraser will be based in the Gold Fields Corporate Office in Johannesburg, South Africa. Mr. Fraser will succeed Mr. Martin Preece, who has served as Interim CEO and Executive Director of the Company since 1 January 2023. Mr. Fraser is a mining industry executive with extensive experience. He is currently the CEO of AIM-listed Chaarat Gold Holdings and prior to that was with South32 as Chief Operating Officer of its global Aluminium, Nickel, SA Manganese and Energy Coal businesses. He was also previously an executive with BHP, with roles as Chief Human Resources Officer and President of Mozal Aluminium in Mozambique. To ensure a seamless leadership transition, Mr. Preece will continue as Interim CEO until 31 December 2023. Mr. Preece will remain with the Company as part of its executive management team with further information to be announced in due course.
공지 • Sep 23An unknown buyer acquired an unknown stake in Gold Fields Limited (JSE:GFI).An unknown buyer acquired an unknown stake in Gold Fields Limited (JSE:GFI) on September 21, 2023. Following this transaction, the buyer’s stake has reached to a 5.2% in Gold Fields Limited.An unknown buyer completed the acquisition of an unknown stake in Gold Fields Limited (JSE:GFI) on September 21, 2023.
Upcoming Dividend • Aug 30Upcoming dividend of R3.25 per share at 3.0% yieldEligible shareholders must have bought the stock before 06 September 2023. Payment date: 11 September 2023. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (8.6%).
Board Change • Aug 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Carel Albert Smit was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공지 • Aug 18+ 1 more updateGold Fields Limited Announces Retirement of Paul Schmidt, Executive DirectorThe board of Gold Fields Limited announced that Mr. Paul Schmidt, Executive Director of the Company, has informed the Board of his intention to proceed on early retirement. Paul's successful tenure with the Company commenced in 1996. He was appointed as CFO in 2008 and joined the Board as an executive director in 2009.
공지 • Aug 17Gold Fields Limited Announces Retirement of Paul Schmidt, Chief Financial OfficerThe board of Gold Fields Limited announced that Mr. Paul Schmidt, Chief Financial Officer of the Company, has informed the Board of his intention to proceed on early retirement. Paul's successful tenure with the Company commenced in 1996. He was appointed as CFO in 2008 and joined the Board as an executive director in 2009.
공지 • Aug 03Gold Fields Limited Provides Production Guidance for the Second Quarter and Earnings and Production Guidance for the Six Months Ended June 30, 2023Gold Fields Limited provided production guidance for the second quarter and earnings and production guidance for the six months ended June 30, 2023. For the second quarter of 2023, attributable gold equivalent production is expected to be 577 koz (First quarter of 2023: 577 koz).For the first half of 2023, the company expects attributable gold equivalent production to be 1,154 koz, a 4% decrease YoY (first half of 2022: 1,201 koz). For the six months ended June 30, 2023, headline earnings per share expected to range between USD 0.49 to USD 0.53 per share (USD 0.05 to USD 0.09 per share lower), which is 9% to 16% lower than the headline earnings of USD 0.58 per share reported for the six months ended 30 June 2022. Basic earnings per share for first half of 2023 are expected to range between USD 0.49 to USD 0.53 per share (USD 0.04 to USD 0.08 per share lower), which is 7% to 14% lower than the basic earnings of USD 0.57 per share reported for the first half of 2022, for the same reasons given for headline earnings. Normalised earnings per share for first half of 2023 are expected to range between USD 0.49 to USD 0.53 per share (USD 0.03 to USD 0.07 per share lower), which is 5% to 13% lower than the normalised earnings of USD 0.56 per share reported for the first half of 2022, for the same reasons given for headline earnings.
공지 • Jun 11Gold Fields Limited to Report First Half, 2023 Results on Aug 17, 2023Gold Fields Limited announced that they will report first half, 2023 results on Aug 17, 2023
공지 • Jun 03Gold Fields Limited Appoints Carel Albertus Tecumseh Smit to Audit CommitteeGold Fields Limited announced that Shareholders are advised that, further to an announcement on 31 May 2023 regarding the appointment of Mr. Carel Albertus Tecumseh Smit as a Non-Executive Director of the Board of Directors ("Board"), in terms of 3.59(c) of the JSE Listings Requirements, the Board approved the election of Mr. Smit as a member of the Audit Committee with effect from 1 June 2023.
공지 • Jun 01Gold Fields Limited Announces Appointment of Carel Albert Tecumseh Smit as Non-Executive Director, Effective 1 June 2023The Board of Directors of Gold Fields announced the appointment of Mr. Carel Albert Tecumseh Smit as a Non-Executive Director to the Board with effect from 1 June 2023. Mr. Smit holds the qualifications B. Compt (University of Free State), CTA (University of Free State), Higher Diploma in Tax Law (University of Witwatersrand) and is a qualified Chartered Accountant. Mr. Smit joined KPMG in 1985, served his articles at Alex Aiken & Carter (KPMG) until 1987 and spent 35 years in the audit profession at KPMG. Mr. Smit has extensive experience in audit, tax and advisory and dedicated a significant part of his auditing career in the mining sector across Africa, South America, and Australia. His work included mergers/acquisitions, due diligences, listings, audit, and internal audit. Mr. Smit was also KPMG's lead partner on the Gold Fields audit from 2010 to 2017. He retired from KPMG in 2019 and has since been working as an independent consultant.
공지 • May 05Gold Fields Limited Provides Production Guidance for the Year 2023Gold Fields Limited provided production Guidance for the Year 2023. For the period, company expects Group production remains on track to deliver the Fiscal Year 2023 guidance provided in February 2023. Group AISC for the quarter was USD 1,152/oz, also largely flat YoY and up 8% QoQ. AIC for the Group was USD 1,343/oz, 2% higher YoY (up 3% QoQ) due to higher capital expenditure at the Salares Norte project.
공지 • Feb 16Gold Fields Limited Provides Production Guidance for the Fourth Quarter and Full Year 2022Gold Fields Limited provided production guidance for the fourth quarter and full year 2022. For the quarter, attributable gold equivalent production is expected to be 601koz (Q3 2022: 597koz), with AIC for the quarter expected to be USD 1,298/oz (Q3 2022: USD 1,279/oz). AISC is expected to be USD 1,063/oz (Q3 2022: USD 1,061/oz).For the year, the company's Attributable gold equivalent production for Fiscal Year 2022 is expected to be 2,399koz, a 3% increase YoY (FY 2021: 2,340koz), exceeding the guidance range (upgraded in August 2022) of 2,310koz - 2,360koz. All-in costs (AIC) for Fiscal Year 2022 is expected to be USD 1,320/oz, 2% higher than Fiscal Year 2021 (USD 1,297/oz), and below the lower end of the guidance range of USD 1,370/oz - USD 1,410/oz. The YoY increase is driven by an increase in operating costs due to mining inflation, partially offset by decreased project capex at Salares Norte and weaker exchange rates. AIC, if adjusted to 2022 guidance exchange rates (R/USD 15.55 and USD /AUD 0.76), is expected to be USD 1,381/oz, within the guidance range. All-in sustaining costs (AISC) for Fiscal Year 2022 is expected to be USD 1,105/oz, 4% higher than Fiscal Year 2021 (USD 1,063/oz), also below the lower end of the guidance range of USD 1,140/oz - USD 1,180/oz. AISC, if adjusted to 2022 guidance exchange rates, is expected to be USD 1,160/oz, also within the guidance range.
Reported Earnings • Aug 20First half 2021 earnings released: EPS US$0.44 (vs US$0.18 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$1.98b (up 13% from 1H 2020). Net income: US$387.4m (up 149% from 1H 2020). Profit margin: 20% (up from 8.9% in 1H 2020). Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth.
Executive Departure • Jun 02Independent Non-Executive Director has left the companyOn the 30th of May, Carmen Letton's tenure as Independent Non-Executive Director ended after 4.1 years in the role. We don't have any record of a personal shareholding under Carmen's name. A total of 4 executives have left over the last 12 months.
Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$9.88, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 240% over the past three years.
Executive Departure • Apr 10CEO & Executive Director Nicholas Holland has left the companyOn the 31st of March, Nicholas Holland, was replaced as CEO by Christopher Griffith after 12.9 years in the role. As of December 2020, Nicholas personally held 2.19m shares (€17m worth at the time). A total of 3 executives have left over the last 12 months. Under Nicholas' leadership, the company delivered a total shareholder return of 10%.
Reported Earnings • Apr 02Full year 2020 earnings released: EPS US$0.82 (vs US$0.20 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$3.89b (up 31% from FY 2019). Net income: US$723.0m (up 347% from FY 2019). Profit margin: 19% (up from 5.4% in FY 2019). The increase in margin was driven by higher revenue. Production and reserves: Gold Production: 2,236.7 troy koz (2,195.4 troy koz in FY 2019) Number of mines: 9 (9 in FY 2019) Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
Executive Departure • Mar 13Deputy Chairperson & Lead Independent Director has left the companyOn the 10th of March, Richard Menell's tenure as Deputy Chairperson & Lead Independent Director ended after 12.4 years in the role. We don't have any record of a personal shareholding under Richard's name. A total of 2 executives have left over the last 12 months.
Upcoming Dividend • Mar 03Upcoming Dividend of R3.20 Per ShareWill be paid on the 15th of March to those who are registered shareholders by the 10th of March. The trailing yield of 5.0% is in the top quartile of German dividend payers (3.4%), and it is higher than industry peers (4.3%).
Executive Departure • Mar 03Independent Non-Executive Director has left the companyOn the 28th of February, Phuti Mahanyele-Dabengwa's tenure as Independent Non-Executive Director ended after 2.5 years in the role. We don't have any record of a personal shareholding under Phuti's name. Phuti is the only executive to leave the company over the last 12 months.
Recent Insider Transactions • Feb 26Executive Vice President of Strategy recently sold €2.1m worth of stockOn the 22nd of February, Brett Mattison sold around 300k shares on-market at roughly €7.12 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.7m more than they bought in the last 12 months.
Is New 90 Day High Low • Feb 25New 90-day low: €6.99The company is down 1.0% from its price of €7.10 on 27 November 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 59% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €20.91 per share.
Analyst Estimate Surprise Post Earnings • Feb 20Revenue misses expectationsRevenue missed analyst estimates by 0.1%. Over the next year, revenue is forecast to grow 11%, compared to a 20% growth forecast for the Metals and Mining industry in Germany.
Reported Earnings • Feb 20Full year 2020 earnings released: EPS US$0.82 (vs US$0.20 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$3.89b (up 31% from FY 2019). Net income: US$723.0m (up 347% from FY 2019). Profit margin: 19% (up from 5.4% in FY 2019). The increase in margin was driven by higher revenue. Production and reserves: Gold Production: 2,141.9 troy koz (2,059.6 troy koz in FY 2019) Number of mines: 9 (9 in FY 2019) Copper Production: 24,733 t Number of mines: 1 (1 in FY 2019) Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.