AU - AngloGold Ashanti Limited

NYSE - NYSE Delayed Price. Currency in USD
24.56
+0.40 (+1.66%)
At close: 4:00PM EDT

24.56 +0.01 (0.04%)
After hours: 5:26PM EDT

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Chart Events
Bearishpattern detected
Triple Moving Average Crossover

Triple Moving Average Crossover

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close24.16
Open24.52
Bid24.29 x 1400
Ask24.52 x 1200
Day's Range24.09 - 24.70
52 Week Range12.66 - 28.00
Volume3,943,128
Avg. Volume4,416,196
Market Cap10.217B
Beta (5Y Monthly)0.11
PE Ratio (TTM)N/A
EPS (TTM)-0.03
Earnings DateN/A
Forward Dividend & Yield0.09 (0.39%)
Ex-Dividend DateMar 12, 2020
1y Target Est24.88
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
-21% Est. Return
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    AngloGold Halts Production At World’s Deepest Gold Mine, Due To Covid-19 Outbreak

    AngloGold Ashanti (AU) has confirmed that operations at its Mponeng gold mine – which were running at 50% capacity – have been temporarily halted on a voluntary basis.The company explains that this new ‘precautionary step’ will enable it to complete contact tracing, and to deep clean and sanitize the workplace and key infrastructure.AngloGold Ashanti has conducted 650 Covid-19 tests since last Thursday, after a screening, tracing and testing program revealed several cases at the site in Merafong, in Gauteng Province, South Africa.This process has indicated 164 positive cases with only a handful of tests left to process. According to AU, of the positive cases, the vast majority are asymptomatic.“AngloGold Ashanti is committed to working with the South African government and other stakeholders to combat the spread of the virus and to deal with its after-effects” the company says, adding that it’s electronic tracking technology- normally used for underground workers- is helping locate primary, or close contacts.RBC Capital analyst James Bell has a buy rating on the stock and $29 price target (14% upside potential). Shares are currently trading up 14% year-to-date.He reiterated his buy rating following ‘difficult’ Q1 results, with both production and costs coming in weaker than forecast. However key asset sales remain on track- with AU on the cusp of selling its South African assets to Harmony Gold Mining for $300M.“We continue to see asset sales as a key catalyst for the group so positive progress in the SA sale process, including competition commission approval, should be welcomed” said Bell, who believes that an early H2 closure may still be possible. (See AU stock analysis on TipRanks).Related News: Positive Exploration Results Could Drive Upside for Yamana Gold, Says Analyst Micron Has More Than Enough Tailwinds to Offset Huawei Sanctions, Says Top Analyst Baidu May Use Nasdaq Delisting To Boost Value – Report More recent articles from Smarter Analyst: * Elon Musk Reaps Payout Worth $775M, As Analyst Admits Tesla Is ‘Turning A Corner’ * Costco Pulls Back On Earnings; Top Analyst Sees Buying Opportunity * Cisco To Buy ThousandEyes For Reported $1B; Top Analyst Sees Strong Synergy Potential * Salesforce Sinks 3.5% After-Hours As Guidance Slashed

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    AngloGold Ashanti worker in Ghana tests positive for coronavirus

    A worker at AngloGold Ashanti's Obuasi gold mine in Ghana tested positive for coronavirus on Sunday, the mining company said, the second known case of the new virus at a mine site in Africa. AngloGold Ashanti said operations at the Obuasi mine, where gold production is ramping up, would continue. The infected employee - a Ghanaian recently returned from travel abroad - is in self-isolation at his home and the company is working with Ghana's ministry of health to trace all contacts, AngloGold Ashanti said in a statement.