Gold Fields (GFI) Stock Lower on Falling Gold Prices

NEW YORK (TheStreet) -- Shares of Gold Fields (GFI) were falling 3.6% to $3.26 Thursday afternoon as gold prices declined.

U.S. gold futures for August delivery were down 0.6% to $1,177.40 an ounce on the Comex Thursday afternoon after hitting a one-month low of $1,174.90 an ounce earlier in the day.

Gold prices were falling ahead of the U.S. jobs report on Friday, according to Reuters. The U.S. Federal Reserve may soon raise interest rates for the first time nearly a decade depending on the data in the report, according to the news service.

"A lot of (gold's weakness) is pricing in expectations for a fairly positive non-farm payrolls reading tomorrow," Mitsubishi analyst Jonathan Butler told Reuters. "All things being equal, it should have been another pretty solid month of gains."

Gold Fields is a gold mining company based in South Africa.

TheStreet Ratings team rates GOLD FIELDS LTD as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:

"We rate GOLD FIELDS LTD (GFI) a SELL. This is driven by several weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, poor profit margins and weak operating cash flow."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

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