|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||10.86 - 10.98|
|52 Week Range||8.86 - 13.68|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.10 (0.91%)|
|1y Target Est||13.89|
AngloGold Ashanti saw a loss in its price in 2017—it fell 3%. Royal Gold, Gold Fields, and IamGold rose 29.6%, 42.9%, and 51.4%, respectively, in 2017.
In this article, we’ll analyze mining stocks’ price movements in relation to their moving averages. We’ll look at Agnico Eagle Mines (AEM), Pan American Silver (PAAS), Buenaventura (BVN), and AngloGold ...
Similar to Pan American Silver (PAAS), AngloGold Ashanti (AU) has recently climbed into the analysts’ top ten in terms of percentage “buy” recommendations.
All four precious metals have seen downward price movements over the past five trailing days. Gold, silver, platinum, and palladium have fallen 1.5%, 3.7%, 4.1%, and 0.83%, respectively.
As of November 28, New Gold, Gold Fields, Kinross Gold, and AngloGold Ashanti have a call implied volatility of 51.3%, 40.4%, 41.6%, and 40.9%.
South African miners usually trade at a discount to their global counterparts due to South Africa's laws, labor concerns, and infrastructure challenges.
Among our select four miners, only AngloGold Ashanti had a YTD (year-to-date) loss at 3.2%. AEM, PAAS, and KGC have YTD gains of 6.4%, 1.2%, and 35.7%, respectively.
As December approaches, discussion of a potential interest rate hike is growing. In this series, we'll look at how the US dollar and interest rates affect precious metals.
AngloGold Ashanti and Pan American Silver have seen YTD losses of 8% and 3%, respectively, while Kinross and Silver Wheaton have seen gains of 38.3% and 4.2%.
AngloGold Ashanti has had the lowest correlation with gold this year, while Gold Fields has had the highest correlation with gold.
Precious metal miners saw a mixed performance on Thursday, November 2, 2017. In this series, we'll look at some technical details of mining stocks.
Kinross Gold's correlation has risen from a three-year correlation of 0.69 to a one-year correlation of 0.77, which suggests that Kinross has moved in the same direction as gold 77% of the time.
On October 30, 2017, ABX, AU, KGC, and IAG had call implied volatilities of 29.1%, 40.9%, 41.6%, and 44.3%, respectively.