AngloGold Ashanti (AU) Stock Price, News & Analysis

Company Overview

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. AngloGold Ashanti plc was incorporated in 1944 and is headquartered in Greenwood Village, Colorado.

Key Stats

• Today's Range: $23.47 to $23.98
• 50-Day Range: $23.15 to $31.45
• 52-Week Range: $15.80 to $32.57
• Volume: 5.97 million shs
• Average Volume: 2.28 million shs
• Market Capitalization: $10.03 billion
• P/E Ratio: 7.47
• Dividend Yield: 1.84%
• Price Target: $31.75
• Consensus Rating: Moderate Buy

AngloGold Ashanti Stock Analysis - MarketRank™

AngloGold Ashanti scored higher than 83% of companies evaluated by MarketBeat, and ranked 61st out of 192 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

AngloGold Ashanti has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 1 hold rating, and 1 sell rating.

Amount of Analyst Coverage

AngloGold Ashanti has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 10.00%

Earnings Growth

Earnings for AngloGold Ashanti are expected to grow by 10.00% in the coming year, from $2.50 to $2.75 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of AngloGold Ashanti is 7.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.35.

Price to Earnings Ratio vs. Sector

The P/E ratio of AngloGold Ashanti is 7.47, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 112.72.

Price to Book Value per Share Ratio

AngloGold Ashanti has a P/B Ratio of 2.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.41% of the outstanding shares of AngloGold Ashanti have been sold short.

Short Interest Ratio / Days to Cover

AngloGold Ashanti has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AngloGold Ashanti has recently decreased by 23.45%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

AngloGold Ashanti pays a meaningful dividend of 1.89%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

AngloGold Ashanti does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of AngloGold Ashanti is 13.75%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, AngloGold Ashanti will have a dividend payout ratio of 16.00% next year. This indicates that AngloGold Ashanti will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.41% of the outstanding shares of AngloGold Ashanti have been sold short.

Short Interest Ratio / Days to Cover

AngloGold Ashanti has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AngloGold Ashanti has recently decreased by 23.45%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.59

News Sentiment

AngloGold Ashanti has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for AngloGold Ashanti this week, compared to 5 articles on an average week.

Search Interest

Only 8 people have searched for AU on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.

MarketBeat Follows

8 people have added AngloGold Ashanti to their MarketBeat watchlist in the last 30 days. This is an increase of 14% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, AngloGold Ashanti insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 36.09% of the stock of AngloGold Ashanti is held by institutions.

AU Stock Analysis - Frequently Asked Questions

How have AU shares performed this year?

AngloGold Ashanti's stock was trading at $18.69 at the beginning of 2024. Since then, AU stock has increased by 27.9% and is now trading at $23.90.
View the best growth stocks for 2024 here.

How were AngloGold Ashanti's earnings last quarter?

AngloGold Ashanti plc (NYSE:AU) released its quarterly earnings data on Tuesday, August, 6th. The mining company reported $0.60 EPS for the quarter, topping analysts' consensus estimates of $0.51 by $0.09. The mining company had revenue of $1.38 billion for the quarter, compared to analysts' expectations of $1.23 billion.

Who are AngloGold Ashanti's major shareholders?

Top institutional investors of AngloGold Ashanti include Van ECK Associates Corp (5.46%), FMR LLC (2.49%), TT International Asset Management LTD (0.68%) and Carrhae Capital LLP (0.31%).
View institutional ownership trends.

How do I buy shares of AngloGold Ashanti?

Shares of AU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of AngloGold Ashanti own?

Based on aggregate information from My MarketBeat watchlists, some other companies that AngloGold Ashanti investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Advanced Micro Devices (AMD), General Electric (GE), Adobe (ADBE) and CrowdStrike (CRWD).

Company Calendar

• Last Earnings: 8/06/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Gold & silver ores
• Sub-Industry: Precious Metals
• Current Symbol: NYSE:AU
• CUSIP: N/A
• CIK: 1067428
• Web: www.anglogoldashanti.com
• Phone: (711) 637-6000
• Fax: 27-11-637-6624
• Employees: 12,227
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $31.75
• High Stock Price Target: $34.00
• Low Stock Price Target: $30.00
• Potential Upside/Downside: +32.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 7.47
• Forward P/E Ratio: 9.56
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 0.46
• Current Ratio: 1.73
• Quick Ratio: 1.14

Sales & Book Value

• Annual Sales: $5.30 billion
• Price / Sales: 1.89
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $8.91 per share
• Price / Book: 2.68

Miscellaneous

• Outstanding Shares: 419,730,000
• Free Float: N/A
• Market Cap: $10.03 billion
• Optionable: Optionable
• Beta: 0.94