Gold Fields (US:GFI) ZACKS·2026-01-28 13:11Core Insights - Gold Fields Ltd. (GFI) reported a significant increase in gold-equivalent production for Q3 2025, reaching 621,000 ounces, a 22% rise from 510,000 ounces in Q3 2024 [1][8] Production Highlights - The Salares Norte mine in Chile was a key contributor, producing approximately 112,000 ounces of gold-equivalent, which is a 53% sequential increase from 73,000 ounces [2][8] - Tarkwa mine in Ghana contributed 123,000 ounces, reflecting a 15% sequential increase due to higher feed grades and improved processing [3] - Other mines, including Damang, South Deep, Gruyere, and St Ives, maintained solid production levels, supporting overall portfolio growth [3] Cost Metrics - GFI's stronger production output led to improved cost metrics, with All-in Costs (AIC) at $1,835 per ounce and All-in Sustaining Costs (AISC) at $1,557 per ounce for the quarter [4][8] Peer Comparison - Allied Gold Corporation (AAUC) reported a production increase to 87,020 ounces, up from 85,147 ounces year-over-year, with AISC at $2,092 per ounce and AIC at $2,383 per ounce [5] - AngloGold Ashanti plc. (AU) achieved 768,000 ounces of gold-equivalent production, a 17% increase from 657,000 ounces, with AISC at $1,720 per ounce and AIC at $1,225 per ounce [6] Market Performance - GFI shares have increased by 240.3% over the year, outperforming the industry average increase of 168.1% [7] Valuation Metrics - GFI is currently trading at a forward 12-month price-to-sales ratio of 4.5X, which is higher than the industry average of 4.08X [10] Earnings Estimates - The Zacks Consensus Estimate for GFI's earnings implies a year-over-year growth of 261% for 2026, followed by a decline of 16% in 2027 [11]