AngloGold Ashanti
AU

$27.45

4.69%

Market Cap: $11.5B

About: Anglogold Ashanti PLC is one of the gold miners. The company also produces silver and sulphuric acid as by-products. Its operating divisions are Africa, Australia, and the Americas. The firm generates a majority of its revenue from the Africa region which includes its operations of the Kibali, Iduapriem, Obuasi, Siguiri, and Geita mines.

Employees: 33,658

0

Funds holding %

of 6,710 funds

0

Analysts bullish %

of 4 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 4 [Q1] → 8 (+4) [Q2]

27% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 26

25% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 53

18% more capital invested

Capital invested by funds: $3.12B [Q1] → $3.69B (+$573M) [Q2]

4% more funds holding

Funds holding: 180 [Q1] → 187 (+7) [Q2]

1.58% more ownership

Funds ownership: 31.86% [Q1] → 33.44% (+1.58%) [Q2]

41% less call options, than puts

Call options by funds: $85.7M | Put options by funds: $144M

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Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$27

2%

downside

Avg. target

$31

12%

upside

High target

$34

24%

upside

4 analyst ratings

2 positive

50%

1 neutral

25%

1 negative

25%

Scotiabank Tanya Jakusconek 60% 1-year accuracy 9 / 15 met price target	9%upside $30	Sector Underperform Downgraded	19 Aug 2024
Scotiabank Tanya Jakusconek 60% 1-year accuracy 9 / 15 met price target	2%downside $27	Sector Perform Maintained	12 Aug 2024
BMO Capital Raj Ray 100% 1-year accuracy 3 / 3 met price target	24%upside $34	Outperform Maintained	7 Aug 2024
JP Morgan Patrick Jones 100% 1-year accuracy 6 / 6 met price target	17%upside $32	Overweight Maintained	3 Jul 2024

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Financial journalist opinion

Based on 9 articles about AU published over the past 30 days

Zacks Investment Research

AngloGold & Regis JV Authorizes Havana Underground Project

AU and its JV partner Regis to boost gold production at the Tropicana mine by approving the development of the Havana underground project.

AngloGold & Regis JV Authorizes Havana Underground Project

This Gold-Mining Stock Is Dropping After The Company Announced a Big Deal

Shares of AngloGold Ashanti Plc (AU) tumbled Tuesday after the gold miner announced a deal to buy smaller rival Centamin for $2.5 billion in cash and stock.

This Gold-Mining Stock Is Dropping After The Company Announced a Big Deal

AngloGold Ashanti strikes $2.5 billion deal to buy Egyptian gold miner Centamin

The South African mining giant said it had reached a deal to acquire Egypt's largest gold miner for $2.5 billion, in what marks a 36.7% premium on its closing share price on Monday

AngloGold Ashanti strikes $2.5 billion deal to buy Egyptian gold miner Centamin

Zacks Investment Research

Are Basic Materials Stocks Lagging AngloGold Ashanti PLC (AU) This Year?

Here is how AngloGold Ashanti (AU) and Barrick Gold (GOLD) have performed compared to their sector so far this year.

Are Basic Materials Stocks Lagging AngloGold Ashanti PLC (AU) This Year?

3 Stocks Increasing Dividend Payouts Ahead of Interest Rate Cuts

Most investors focus on Wall Street analyst forecasts and economist opinions to determine what to do with their liquid capital. While this is a good place to start and consider when doing their own due diligence, other factors should be taken into consideration when connecting the dots and understanding where the economy might be headed next.

3 Stocks Increasing Dividend Payouts Ahead of Interest Rate Cuts

Zacks Investment Research

AngloGold Ashanti (AU) Hits 52-Week High: What's Aiding It?

AngloGold Ashanti (AU) shares gain on the back of solid first-half 2024 results and the recent rally in gold prices.

AngloGold Ashanti (AU) Hits 52-Week High: What's Aiding It?

Top 3 Materials Stocks That May Collapse In Q3

As of Aug 19, 2024, three stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Top 3 Materials Stocks That May Collapse In Q3

Top 3 Dividend-Paying Stocks for Stability in Volatile Markets

Investors digested the sudden spike in volatility last week, bringing stock market indexes lower across the global financial markets. What arguably started with Japan's interest rate hikes, which triggered an unwind in the so-called “Carry Trade,” has become top of mind for those looking to protect their portfolios.

Top 3 Dividend-Paying Stocks for Stability in Volatile Markets

Kincora and AngloGold Ashanti's First Drilling Program

The first ever copper-gold focused drilling program at the northern portion of the Nyngan Project will shortly commence with earn-in partner AngloGold Ashanti Australia (AngloGold Ashanti). New district-scale potential with up to eight large intrusive complex targets to be drill-tested for the first time in this initial first phase program.

Kincora and AngloGold Ashanti's First Drilling Program

AngloGold Ashanti plc (AU) Q2 2024 Earnings Call Transcript

AngloGold Ashanti plc (NYSE:AU ) Q2 2024 Earnings Conference Call August 6, 2024 8:00 AM ET Company Participants Alberto Calderon - Chief Executive Officer, Executive Director Gillian Doran - Chief Financial Officer, Executive Director Stewart Bailey - Chief Sustainability & Corporate Affairs Officer Conference Call Participants Adrian Hammond - SPG Securities Leroy Mnguni - HSBC Chris Nicholson - RMB Morgan Stanley Raj Ray - BMO Capital Markets Adrian Day - Adrian Day Asset Management Tanya Jakusconek - Scotia Bank Operator Good afternoon, ladies and gentlemen, and welcome to the AngloGold Ashanti H1 2024 Results Conference Call. All participants will be in listen-only mode.

AngloGold Ashanti plc (AU) Q2 2024 Earnings Call Transcript

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