Gold Fields to Acquire Yamana Gold
Transaction creates a top-4 global gold major with a diversified portfolio of high-quality, long-life assets with tangible near and long-term growth opportunities
Strengthened financial and operational capacity with complementary cash flow and growth profiles
Combined Group will be headquartered in Johannesburg with operations across South Africa, Ghana, Australia, Canada and South America
All-share offer by Gold Fields at an Exchange Ratio of 0.6 Gold Fields Consideration Shares for each Yamana share implying a valuation for Yamana of US$6.7 billion
JOHANNESBURG AND TORONTO, May 31, 2022 (GLOBE NEWSWIRE) --
Gold Fields Limited (JSE, NYSE: GFI) (“Gold Fields”) and Yamana Gold Inc. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana”), today announced that they have entered into a definitive agreement (the “Arrangement Agreement”), under which Gold Fields will acquire all of the outstanding common shares of Yamana (“Yamana Shares”) pursuant to a plan of arrangement (the “Transaction”).
Gold Fields to Acquire Yamana Gold – a Combination for Long-term Value Creation Focused on Quality Growth, Financial Discipline and Shareholder Returns
$In GOD We Trust - Real Money - AU Safety 6000yrs )
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The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with GFI.
Over the past two months, 2 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost GFI's consensus estimate, increasing from $0.10 to $0.19 in the past 60 days. Looking at the next fiscal year, 2 estimates have moved upwards while there have been no downward revisions in the same time period.
Taking into account all of these elements, it should come as no surprise that GFI is a #2 (Buy) stock with a Momentum Score of A. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Gold Fields on your short list.
News: $GFI Bright Stock in Review- Gold Fields Limited (NYSE:GFI)
On Thursday, Gold Fields Limited (NYSE:GFI) reached at $5.79 price level during last trade its distance from 20 days simple moving average was 2.30...
Find out more Bright Stock in Review- Gold Fields Limited (NYSE:GFI)
News: $GFI Gold Fields Limited: Trading Statement for H1 2019
Gold Fields Limited: Trading Statement for H1 2019 Canada NewsWire JOHANNESBURG, Aug. 2, 2019 JOHANNESBURG , Aug. 2, 2019 /CNW/ -- Gold Fields Limited (Gold Fields) (JSE:GFI) (NYSE: GFI) advises that basic earnings per share for the six months ended 30 June 2019 (H1 201...
Got this from Gold Fields Limited: Trading Statement for H1 2019
News: $GFI Asanko Gold Mine Delivers Record Gold Production of 223,152 Ounces in 2018 Exceeding Upper End of Guidance
VANCOUVER, British Columbia, Jan. 17, 2019 (GLOBE NEWSWIRE) -- Asanko Gold Inc. (“Asanko” or the “Company”) (TSX, NYSE American: AKG) announces production results for the fourth quarter (“Q4”) and full year (“FY”) 2018 from the Asank...
Got this from https://marketwirenews.com/news-releases/asanko-gold-mine-delivers-record-gold-production-of-223-152-ounces-in-2018-exceeding-upper-end-of-guidance-6999890.html
Might Gold Fields create a joint-venture with Kerr Mines or simply acquire the Copperstone Gold mine?
I wonder if Gold Fields Limited will show any interest in the Copperstone Gold Mine in Arizona?
Kerr Mines' AGM etc. Just-announced! http://www.investorx.ca/search/00003818/kerr-mines-inc
Might Gold Fields want to acquire...
LongTimeObserver, GOLD is still hovering below $1300 USD and Goldfields stocks will handsomely improve once it recovers yet again....
Interesting, when and if Kerr Mines has their AGM on Oct. 24th as mentioned via Sedar with any positive news these stocks should s e r i o u $ l y POP! imho
I wonder if Gold Fields will try to acquire Kerr Mines or at least the Golden 'Copperstone Mine' ?
"Kerr Mines Interviewed on CEO.ca
TORONTO, ONTARIO – May 29, 2017 – Kerr Mines Inc. (“Kerr” or the “Company”) (TSX: KER) recently sat down with Peter Bell for an interview on CEO.ca. During the interview, Claudio Ciavarella, CEO, and Martin Kostuik, President, provided an update on Kerr Mines and their strategy for advancing Copperstone this year."...
Kerr Mines might be leaving the golden train station with a bright golden light at the end of the tunnel as Gold Fields has fortunately already successfully done IMHO!
c u @ 4 or 5 in no time!
2 down 8 up,,, whatta ratio!
This stock fixing to go up big time GO GFI $$$$$$$$$$$$$$$$$
ur a funny guy!
U shoulda dumped at $6.40
common now, u know this is not a sprint! Takes time to reach goals!
Entirely dependent on a leg down in USD valuation.
just waiting for a leg up...
Year ended ten days ago, apparently. Dead money.
3.7 US cents gross, based on 1.0ZAR=0.074USD
years end..... Key words, don't cry to me if u cant wait that long.....That is my call! Don't get it twisted, STAY FOCUSED....GLTU