Gold Stock has strong parallels to alternative energy. It is used as a major component in semiconductors, solar technology, and battery technology. Bargain investors focusing on clean energy can use gold to complement wider portfolios. Gold Fields Ltd. (NYSE: GFI) costs less than $10 today and even has a dividend for income.
Gold Fields is a South African company based in Johannesburg. It operates gold mines in Australia, South Africa, Peru, and Ghana. Formed in 1968, the company generates more than $42 billion per year and operates with a gross margin of 27.77%. This company is one of the best performers in its industry. In the previous full fiscal year, it generated revenue growth of 25.50%, outpacing most of its competitors. It’s a highly efficient company, generating more than $7.5 million in revenue per employee, per year.
The company’s strong output, both in terms of gold yield and finances, has inspired analyst confidence. The average target price of $12.64 suggests there will be an upside for new investors. The highest target price of $16.00 hints at significant growth if gold prices remain strong.
With a dividend yield of 1.36%, this stock also generates an income return, making it more compelling than most bargain-bin stocks today.
- 1 Year Price Growth: 06%
- YTD Price Growth: -0.97%
- 3 Month Price Growth: -18.98%
All information is based on current and historical market data, as well as publicly available financial data. As with any financial decision, your own research is important. Stock market outcomes can never be 100% accurately predicted. Familiarity with historical data, individual industries, and individual stocks is key to developing a robust portfolio. Note that stock prices can fluctuate rapidly during trading sessions.