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AngloGold Ashanti Q2 2024 Earnings Report

AngloGold Ashanti logo
$23.90 +0.64 (+2.75%)
(As of 12/20/2024 05:15 PM ET)

AngloGold Ashanti EPS Results

Actual EPS
$0.60
Consensus EPS
$0.51
Beat/Miss
Beat by +$0.09
One Year Ago EPS
$0.17

AngloGold Ashanti Revenue Results

Actual Revenue
$1.38 billion
Expected Revenue
$1.23 billion
Beat/Miss
Beat by +$150.80 million
YoY Revenue Growth
N/A

AngloGold Ashanti Announcement Details

Quarter
Q2 2024
Time
Before Market Opens

Conference Call Resources

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AngloGold Ashanti Earnings Headlines

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
Analysts Set AngloGold Ashanti plc (NYSE:AU) Target Price at $31.75
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About AngloGold Ashanti

AngloGold Ashanti (NYSE:AU) operates as a gold mining company in Africa, Australia, and the Americas. The company primarily explores for gold, as well as produces silver and sulphuric acid as by-products. Its flagship property is a 100% owned Geita mine located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania. AngloGold Ashanti plc was incorporated in 1944 and is headquartered in Greenwood Village, Colorado.

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