What is Scotiabank's Forecast for AU FY2025 Earnings?

AngloGold Ashanti plc (NYSE:AU - Free Report) - Scotiabank reduced their FY2025 earnings estimates for AngloGold Ashanti in a research note issued on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now expects that the mining company will earn $2.86 per share for the year, down from their previous forecast of $3.09. Scotiabank has a "Sector Perform" rating and a $34.00 price target on the stock. The consensus estimate for AngloGold Ashanti's current full-year earnings is $3.83 per share. Scotiabank also issued estimates for AngloGold Ashanti's FY2026 earnings at $2.51 EPS.

AngloGold Ashanti (NYSE:AU - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The mining company reported $0.89 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.99 by ($0.10). The company had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.75 billion.

AU has been the topic of a number of other research reports. Royal Bank of Canada reaffirmed an "outperform" rating and set a $36.00 price target on shares of AngloGold Ashanti in a research report on Thursday, February 20th. JPMorgan Chase & Co. dropped their price objective on AngloGold Ashanti from $37.00 to $32.00 and set an "overweight" rating on the stock in a research note on Friday, December 6th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $34.00.

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AngloGold Ashanti Trading Down 0.2 %

Shares of AngloGold Ashanti stock traded down $0.07 during midday trading on Monday, reaching $35.56. The company had a trading volume of 1,049,468 shares, compared to its average volume of 2,315,110. The stock has a fifty day moving average price of $31.15 and a 200 day moving average price of $27.99. AngloGold Ashanti has a fifty-two week low of $21.37 and a fifty-two week high of $36.69. The firm has a market cap of $14.92 billion, a PE ratio of 11.11 and a beta of 0.92. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.73 and a quick ratio of 1.14.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Whittier Trust Co. bought a new position in shares of AngloGold Ashanti in the 4th quarter worth $25,000. EverSource Wealth Advisors LLC raised its holdings in AngloGold Ashanti by 210.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,174 shares of the mining company's stock worth $27,000 after buying an additional 796 shares during the last quarter. Hara Capital LLC bought a new position in shares of AngloGold Ashanti in the fourth quarter valued at $29,000. Nomura Asset Management Co. Ltd. bought a new position in AngloGold Ashanti in the 4th quarter valued at about $32,000. Finally, R Squared Ltd bought a new stake in AngloGold Ashanti during the 4th quarter worth approximately $36,000. 36.09% of the stock is owned by institutional investors and hedge funds.

AngloGold Ashanti Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be paid a $0.69 dividend. The ex-dividend date is Friday, March 14th. This is an increase from AngloGold Ashanti's previous semi-annual dividend of $0.22. This represents a dividend yield of 2.8%. AngloGold Ashanti's dividend payout ratio (DPR) is currently 43.13%.

AngloGold Ashanti Company Profile

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.