Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:
Gold Fields Limited (NYSE: GFI)
Gold Fields Ltd is a globally diversified gold miner and producer with eight operating mines in Australia, Ghana, Peru, and South Africa. The majority of group revenue is generated in the Australian mines, largely the St Ives and Granny Smith sites, with Ghana the second- largest contributor of revenue. The company is involved in underground and surface gold and copper mining and related activities, including exploration, development, extraction, processing, and smelting. In Peru, the company also produces copper, and it has other precious metal exploration interests in Africa, Eurasia, Australasia, and the Americas.
A quick look at the price chart below for Gold Fields Ltd shows us that the stock is down 31% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 5.35, which means that it remains undervalued.
(Source: Morningstar)
Superinvestors who currently hold positions in Gold Fields Ltd include:
(Shares)
Jim Simons – 10,447,884
Donald Smith – 8,943,774
Cliff Asness – 6,457,548
Israel Englander – 5,240,857
Chuck Royce – 852,993
Ken Griffin – 466,102
Mario Gabelli – 227,100
Paul Tudor Jones – 55,007
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