Do investors have a safe investment in AngloGold Ashanti Plc. (NYSE:AU)?

The price of AngloGold Ashanti Plc. (NYSE:AU) shares last traded on Wall Street fell -2.02% to $18.39.

Based on available information, 11 analysts follow AngloGold Ashanti Plc. (NYSE:AU). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $27.00 and a low of $15.20, we find $20.06. Given the previous closing price of $18.77, this indicates a potential upside of 6.87 percent. AU stock price is now 3.67% away from the 50-day moving average and -12.19% away from the 200-day moving average. The market capitalization of the company currently stands at $7.72B.

Among analysts, 4 rate the stock a hold while 4 rate it a buy. Brokers who have rated the stock have averaged $20.05 as their price target over the next twelve months.

A total of 0.00% of the company’s stock is owned by insiders.

A candlestick chart of AngloGold Ashanti Plc. (NYSE: AU) showed a price of $18.53 on Wednesday morning. During the past 12 months, AngloGold Ashanti Plc. has had a low of $14.91 and a high of $30.26. As of last week, the company has a debt-to-equity ratio of 0.52, a current ratio of 2.18, and a quick ratio of 1.24. According to the stock market information, the enterprise value for the company is $9.35B, which is based on a 198.60 price-to-earnings ratio, a 10.34 price-to-earnings-growth ratio, and a beta of 0.74. The fifty day moving average price for AU is $17.74 and a two-hundred day moving average price translates $20.94 for the stock.

The latest earnings results from AngloGold Ashanti Plc. (NYSE: AU) was released for Jun, 2023. The net profit margin was 0.86% and return on equity was 0.94% for AU.

AngloGold Ashanti Plc.(AU) Company Profile

AngloGold Ashanti plc operates as a gold mining company in Africa, the Americas, and Australia. The company explores for gold. Its flagship property is a 100% owned Geita project located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania. The company also owns 100% interest in the Iduapriem mine which covers 137 square kilometers located in the western region of Ghana; Obuasi project located in Ghana; AGA Mineração in Brazil; Serra Grande located in central Brazil in the state of Goiás; Greenfield Projects in the Beatty district in Nevada; and Sunrise Dam in Australia. It also holds 92.5% interest in the Cerro Vanguardia project situated in Argentina; 70% interest in the Tropicana property in Australia; and 85% interest in the Siguiri project in Guinea. The company also explores for silver and sulphuric acid. AngloGold Ashanti plc was incorporated in 1944 and is headquartered in Greenwood, Colorado.

Related Posts