RBC Capital Reiterates a Buy Rating on Gold Fields Limited (GFI)

Gold Fields Limited (NYSE:GFI) is one of the most profitable gold stocks to buy right now. In a report released on July 14, Josh Wolfson from RBC Capital maintained a Buy rating on Gold Fields Limited (NYSE:GFI) with a price target of $32.00.

Gold Fields Limited (NYSE:GFI) reported group attributable equivalent gold production of 551koz in Q1 2025, compared to 464koz in Q1 2024 and 644koz in Q4 2024.

Management reported that Q1 saw a return to more normalized levels as production in the prior quarters was negatively affected by weather-related events and operational challenges, primarily at the Gruyere, St Ives, South Deep, and Cerro Corona mines.

Gold Fields Limited (NYSE:GFI) also reported that Group production is on track to meet the FY2025 guidance the company provided in February.

Gold Fields Limited (NYSE:GFI) is a globally diversified gold producer with nine operating mines in South Africa, Australia, Chile, Ghana, Peru, and Canada.

It engages in underground and surface gold and copper mining. The company is also involved in the exploration, extraction, smelting, and processing of silver.

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Disclosure: None. This article is originally published at Insider Monkey.