Boston, MA 27/06/2013 (wallstreetpr) – The shares of Gold Fields Limited (ADR) (NYSE:GFI) had been plummeting by around 7.48 percent and had thereby had reached $4.70 per share when the market closed for trading on Wednesday. The shares of the company had recorded minimal fluctuations in intraday price movements within the range of $4.67 to $4.91 per share during the day, after it had opened at $4.84 per share. The recent trading in shares of Gold Fields Limited (ADR) (NYSE:GFI) had led the company to record new 52 week low price level at $4.67 per share, while the 52 week high price level of the company stays at $13.98 per share.
Gold Fields Limited (ADR) (NYSE:GFI) primarily operates as a holding company and operates in the businesses of gold mining and related activities. The company involves itself in exploration, acquisition, production, processing and smelting of gold and copper from its mining properties. The gold reserves of Gold Fields Limited (ADR) (NYSE:GFI) are primarily located in Ghana, Peru, South Africa and Australia.
The primary exploration activities for the two metals of gold and copper are carried out in both the underground mines and the surface mines. Further it should also be noted that Gold Fields Limited (ADR) (NYSE:GFI) has interests in the Platinum exploration project of the company located in the Finland.
Gold Fields Limited (ADR) (NYSE:GFI) had been witnessing the exchange of 6.68 million shares for the last trading session on Wednesday, while the average level of trading volume for the company is at 4.95 million shares per day. Around 34 percent of the total capital of Gold Fields Limited (ADR) (NYSE:GFI) is held under institutional ownership and the company presently has a total of 734.44 million shares outstanding in the market.
