AngloGold Ashanti (NYSE:AU - Get Free Report) will be posting its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect AngloGold Ashanti to post earnings of $0.64 per share for the quarter.
AngloGold Ashanti (NYSE:AU - Get Free Report) last posted its earnings results on Tuesday, August 6th. The mining company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.09. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same period in the previous year, the company posted $0.17 EPS. On average, analysts expect AngloGold Ashanti to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
AngloGold Ashanti Stock Performance
NYSE:AU traded down $0.83 on Thursday, reaching $27.80. 2,614,661 shares of the company's stock were exchanged, compared to its average volume of 2,010,123. AngloGold Ashanti has a 52-week low of $15.60 and a 52-week high of $32.57. The company has a quick ratio of 1.19, a current ratio of 1.83 and a debt-to-equity ratio of 0.48. The business has a fifty day moving average of $28.52 and a 200-day moving average of $26.72.
AngloGold Ashanti Increases Dividend
The firm also recently announced a Semi-Annual dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 30th were paid a dividend of $0.22 per share. This is an increase from AngloGold Ashanti's previous Semi-Annual dividend of $0.19. This represents a yield of 0.7%. The ex-dividend date was Friday, August 30th.
Wall Street Analyst Weigh In
Several research firms have commented on AU. Investec upgraded shares of AngloGold Ashanti from a "hold" rating to a "buy" rating in a research note on Friday, October 18th. BMO Capital Markets increased their price target on AngloGold Ashanti from $28.00 to $34.00 and gave the company an "outperform" rating in a research report on Wednesday, August 7th. JPMorgan Chase & Co. boosted their price objective on AngloGold Ashanti from $32.00 to $37.00 and gave the stock an "overweight" rating in a research report on Thursday, October 10th. StockNews.com upgraded shares of AngloGold Ashanti from a "hold" rating to a "buy" rating in a research note on Thursday, August 8th. Finally, Scotiabank reissued a "sector underperform" rating and issued a $30.00 price objective (up from $27.00) on shares of AngloGold Ashanti in a research report on Monday, August 19th. Two investment analysts have rated the stock with a sell rating and four have given a buy rating to the company. Based on data from MarketBeat.com, AngloGold Ashanti currently has a consensus rating of "Hold" and a consensus price target of $33.67.
Check Out Our Latest Stock Report on AU
About AngloGold Ashanti
(
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AngloGold Ashanti plc 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.
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