AzValor Comments on Gold Fields

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Nov 02, 2020

Gold Fields (GFI, Financial) is a globally diversified gold producer. We bought our position at an average price of USD 6.2 per share and sold it entirely in the third quarter following its sharp rise to almost USD 15 per share, the level at which we were calculating our intrinsic value.

From azValor Asset Management's third-quarter 2020 letter.