|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||9.83 - 10.06|
|52 Week Range||8.89 - 13.68|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.10 (1.01%)|
|1y Target Est||13.30|
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.
On Tuesday, as the Bank of Japan kept its monetary policy steady, investors shifted their attention to other central bank meetings. The bank has slightly cut its inflation forecast for the current…
Gold stock indices also traded near their highs for the year, but then followed the gold price lower. During September the NYSE Arca Gold Miners Index (GDMNTR) retreated 6.5%.
Generating free cash flow (or FCF) is very important for gold miners (GDX), as it helps long-term prospects for the business and helps generate shareholder value.
Production growth is an important variable for miners. Along with realized metal prices, they drive a company’s top lines.
As of October 24, 2017, Silver Wheaton (SLW), Yamana Gold (AUY), Barrick Gold (ABX), and AngloGold Ashanti (AU) had implied volatility readings of 30.8%, 48.4%, 29.1%, and 40.9%, respectively.
AngloGold Ashanti Ltd. will halve its production from South Africa after agreeing to sell mines to Harmony Gold Mining Co. and a Chinese investment firm in an effort to stem losses in its home country....
The PowerShares DB Gold Fund (DGL) and the Vaneck Merk Gold Trust (OUNZ) have risen 12.1% and 12.95, respectively, year-to-date, taking strong cues from gold.
Among these four miners, AngloGold has the lowest correlation with gold so far this year, while Coeur Mining has the highest correlation YTD.
After a stupendous 2016, the South African gold miners (GDX) have had a disappointing run so far in 2017. As a group, they’ve lost 10.8% YTD.
AngloGold Ashanti (AU) saw its last recommendation change in May 2017, when CIBC downgraded the stock to a “sector perform” rating.
On October 5, Gold Fields, Agnico-Eagle, Cia De Minas Buenaventura, and AngloGold had implied volatility readings of 40.4%, 33.6%, 35.3%, and 40.9%, respectively.
Among the silver miners (SIL) under discussion in this series, Hecla Mining (HL) has the fewest “buy” ratings, with only 18% of the analysts recommending its stock.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to AngloGold Ashanti Ltd. Here are 5 ETFs with the largest exposure to AU-US. Comparing the performance and risk of AngloGold Ashanti Ltd. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker ... Read more (Read more...)