AU - AngloGold Ashanti Limited
| Previous Close | 20.28 |
| Open | 20.61 |
| Bid | 21.80 x 1000 |
| Ask | 21.81 x 1100 |
| Day's Range | 20.60 - 21.85 |
| 52 Week Range | 7.43 - 21.85 |
| Volume | 2,131,617 |
| Avg. Volume | 3,531,084 |
| Market Cap | 9.019B |
| Beta (3Y Monthly) | -0.09 |
| PE Ratio (TTM) | 42.73 |
| EPS (TTM) | 0.51 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.07 (0.32%) |
| Ex-Dividend Date | 2019-03-21 |
| 1y Target Est | 21.36 |
- Zacks
The Zacks Analyst Blog Highlights: U.S. Silica, Chevron, AngloGold, Kinross and Barrick Gold
The Zacks Analyst Blog Highlights: U.S. Silica, Chevron, AngloGold, Kinross and Barrick Gold
- Zacks
AU or FNV: Which Is the Better Value Stock Right Now?
AU vs. FNV: Which Stock Is the Better Value Option?
- Zacks
Recession Fears Ebb on Fresh Wave of Stimulus: 5 Top Gainers
Fears of recession ebb after White House considers tax cuts for millions of workers, China unveils new interest rate reforms and Germany hints at stimulus measures.
- Zacks
Oil Prices Rise on Saudi Oilfield Attack: Winners & Losers
A weekend attack on a Saudi oil facility by Yemeni separatists sends oil prices higher. Here's a rundown on big winners and losers from the oil price rally.
- Zacks
The Zacks Analyst Blog Highlights: AngloGold Ashanti, Kinross Gold, Barrick Gold and Kirkland Lake Gold
The Zacks Analyst Blog Highlights: AngloGold Ashanti, Kinross Gold, Barrick Gold and Kirkland Lake Gold
- Zacks
Edgy Markets Add to Gold's Lure: 4 Stocks to Buy
With Trump reluctant to strike a deal with China, and turmoil in Hong Kong and Argentina adding to trade tensions, the appeal for gold as a safe-haven asset has increased.
- Zacks
Is AngloGold Ashanti (AU) Stock Outpacing Its Basic Materials Peers This Year?
Is (AU) Outperforming Other Basic Materials Stocks This Year?
- TipRanks
RBC Capital: 3 Top Gold Stocks To Buy Now
Gold prices are soaring right now. Last week gold hit a six-year high and broke through the critical $1,500/oz level. This was on the back of multiple factors, including market concerns around low global growth rates and trade, lower real rates in the US (and globally), and a weaker US dollar. For instance, the 10-year US Treasury yield is now at just 1.7% from highs of +3.2% in Q4 last year. Let the good times roll for this classic safe-haven asset, says RBC Capital. The firm believes the industry is ‘now in a potential sweet spot’ and sees a number of compelling precious metal opportunities. “We think the coming 12 months could be a sweet spot for investors as higher prices boost margins and cash generation, but management teams don't have the mandate (yet) to pull the trigger on potentially value eroding "actions" such as new growth... This could lead to higher cashflow, rapid deleveraging and increased dividends,” says the firm. As a result, it believes street upgrades could roll through in the coming quarters. And in the meantime, RBC Capital has pinpointed a few top stocks for investors to consider. Indeed, as the firm writes: “Whilst a rising tide to some extent lifts all boats, we believe there will be relative winners.” Here are three names that stand out right now: Endeavour Mining (TSE:EDV)Endeavour Mining is a West African gold producer with a number of producing and near-producing mines. According to RBC Capital, Endeavour screens well on both strategy and deleveraging. “With a refreshed senior management team and board of directors, we believe Endeavour is well positioned to drive long-term value through a "back-to-basics" approach” says the firm.In its most recent report on the stock, analyst Wayne Lam reiterated a buy rating for EDV with a C$28 price target. This suggests significant upside potential of over 40%. “We expect the shares should benefit from a number of key catalysts over the coming months including the start-up of the Ity CIL project, inaugural reserve on the Kari Pump deposit at Hounde, and updated resource on the La Plaque deposit at Ity” the analyst told investors. He is forecasting annual production of 175 Koz at the Ity mine, on costs of $700/oz over a 19-year mine life.Encouragingly, all six analysts covering the stock rate EDV a buy right now. And the average price target suggests that shares can surge over 20% from current levels in the coming months. "We forecast... very strong positive FCF in Q4, when the Ity CIL project in Côte d’Ivoire will be fully ramped up to the expanded production rate" stated Berenberg's Michael Stoner on August 2.Following a very strong start for the Ity mine, Stoner (a 3-star analyst according to TipRanks) believes investors can look forward to "a sustained period of cash generation, de-gearing and the start of shareholder returns." AngloGold Ashanti Ltd (NYSE:AU)For global investors AngloGold looks like a catalyst rich story, cheers RBC Capital. This is the world’s third largest gold mining company (by production) with operations spanning Africa, the Americas, Australasia and South Africa.Late last month RBC Capital’s James Bell hosted investor meetings with the company’s relatively new CEO Kelvin Dushnisky. Priorities for the business remain 1) Streamlining the portfolio, 2) Obuasi start-up (first gold is expected in the fourth quarter of this year) and 3) Reducing net debt towards 1.0x EBITDA. Discussions also covered dividends and growth projects, reported Bell. Following the meetup, he reiterated his buy rating and price target indicating 17% upside potential from current levels. Bell believes that sales of both Cerro Vanguardia in Argentina and the remaining South Africa assets could be catalysts for the stock, “particularly as an exit from the SA operating could help remove a "layer" of the group's discount to global peers.”Like Bell, BMO Capital’s Andrew Kaip (a 3-star analyst) also recently upgraded AU from hold to buy. Kaip cited a more constructive gold outlook and confidence in the delivery of the Obuasi project, adding: “we are of the view that AngloGold is one of the better large gold producers for exposure to a rising gold price.” These are the only two analysts covering the stock right now- hence the stock’s Moderate Buy consensus. B2Gold (TSE:BTO) (NYSEMKT:BTG)Canadian gold producer B2Gold is the third gold stock boasting a bullish rating from RBC Capital. That’s thanks to the company’s impressively strong growth profile. It owns five producing mines (in the Philippines, Namibia, Mali and Nicaragua), two development projects and several exploration assets. BTO is buzzing right now after it reported stellar earning results for the second quarter. Results came in above consensus driven by higher production and lower costs at both Fekola and Masbate. “The ramp up of the mill expansion at Fekola appears to be ahead of schedule and full year guidance was reiterated with the strong operating result through H1/19” commented RBC Capital’s Stephen Walker (a 3-star analyst) post-beat. He expects investors to continue to focus on 1) the expansion at Fekola, 2) ongoing deleveraging of the balance sheet, and 3) exploration updates. Meanwhile top BMO Capital analyst Brian Quast (a 5-star analyst) marginally boosted his price target from $5.50 to $6, explainig “We have increased our P/NPV valuation multiple for B2Gold to 2.0x P/NPV from 1.5x to reflect the company's consistently strong execution and its divestiture of assets in politically riskier jurisdictions.” The analyst concludes: “We believe the company is a proven, competent operator with a well diversified asset base.”In total, five analysts have published buy ratings on the stock over the last three months- giving the stock a firm ‘Strong Buy’ consensus. Meanwhile the average analyst price target translates into 18% upside potential from current levels. Discover the Street's best-rated Trending Stocks over the last 7 days
- GuruFocus.com
AngloGold Ashanti Falls Despite Posting Strong 2nd-Quarter Results
South African miner maintains 2019 guidance as production increases 7% Continue reading...
- Zacks
The Zacks Analyst Blog Highlights: Microsoft, Southwest, Alliant, Unitil and AngloGold
The Zacks Analyst Blog Highlights: Microsoft, Southwest, Alliant, Unitil and AngloGold
- Zacks
5 Soaring Top-Ranked Gold Stocks With More Upside Potential
Given the optimism and intense buying pressure on the yellow metal, gold stocks have been surging this year. Below, we present five such high-flying stocks that will continue to outperform.
- Reuters
UPDATE 1-AngloGold Ashanti posts 21% profit jump helped by Kibali JV
AngloGold Ashanti Ltd reported a 21% rise in interim earnings on Thursday as a solid performance from its Kibali joint venture, lower costs and a high gold price helped counteract lower output in South Africa. Its best performing mines included the Kibali mine in Democratic Republic of Congo, Geita mine in Tanzania and Tropicana mine in Australia, AngloGold Ashanti said.
- Zacks
Foreign Central Banks Cut Rates: How Can Investors Play the Low Rate Field?
Central Banks in New Zealand, India, and Thailand all made headlines today by announcing larger than expected rate cuts.
- Zacks
The Zacks Analyst Blog Highlights: AngloGold, Kinross Gold, Newmont and Sandstorm
The Zacks Analyst Blog Highlights: AngloGold, Kinross Gold, Newmont and Sandstorm
- Zacks
5 Best Stocks to Ride Out U.S.-China Trade Tensions
As uncertainty over the outcome of the Sino-American trade deal rises, investors should scoop up tariff-proof stocks that stand to gain from an all-out trade war.
- CNW Group
Zonte Metals discovers a new target and starts detailed ground gravity survey in preparation for the upcoming drill program
HALIFAX , Aug. 6, 2019 /CNW/ - Zonte Metals is pleased to announce the discovery of a new IOCG target, called K8, and the start of the detailed ground gravity survey at its Cross Hills Iron Oxide Copper Gold. The K8 target, which sits about 2km south of the K6 target, was discovered with high resolution ground magnetics. The target is defined by moderate to strong magnetics and is about 1200m by 600m in area.
- Zacks
AngloGold (AU) is a Great Momentum Stock: Should You Buy?
Does AngloGold (AU) have what it takes to be a top stock pick for momentum investors? Let's find out.
- Zacks
Gold Firms on Service Sector Slowdown: 4 Solid Buys
Gold prices hit a six-year high as service sector expands at the slowest pace in three years. This adds to the lure of gold mining stocks.
- Motley Fool
The 10 Biggest Gold Mining Stocks
Digging for the yellow metal is big business -- and it can add some valuable diversification to your portfolio.
- Zacks
5 Gold Mining Stocks Under $10 to Buy
Here are 5 highly-ranked gold stocks that are also currently trading for less than $10 a share.
- Zacks
AU vs. AEM: Which Stock Is the Better Value Option?
AU vs. AEM: Which Stock Is the Better Value Option?
- Zacks
The Zacks Analyst Blog Highlights: Holly Energy, Magellan Midstream, AngloGold Ashanti, Royal Gold and Kinross Gold
The Zacks Analyst Blog Highlights: Holly Energy, Magellan Midstream, AngloGold Ashanti, Royal Gold and Kinross Gold
- Yahoo Finance Video
Solid growth for gold
The demand for gold rose 8% in the second quarter, according to the World Gold Council. Central banks and ETF buyers helped drive that demand, taking in $2.5 billion in net new inflows thus far this year. Matthew Bartolini of State Street Global Advisors joins Yahoo Finance’s Adam Shapiro and Julie Hyman to discuss.
